Bloomberg Business

Oil held losses as mounting concerns over a global banking crisis hampered market liquidity and dampened investors’ appetite for risk.

The national-security and mental-health risks posed by TikTok are shared by other social media platforms, according to an advocacy group that’s urging Congress to also hold US companies accountable ahead of high-profile testimony from TikTok’s chief executive officer.

Stocks climbed as regulators worldwide rushed to shore up market confidence over the weekend, with the recent financial turmoil spurring speculation on a slower pace of tightening from major central banks.

For all the focus on whether the Federal Reserve is about to pause its interest-rate hikes, there’s another critical policy decision sure to draw plenty of attention come Wednesday: What the central bank does with its massive pile of bond holdings.

A week of banking turmoil is sparking a rout across the systematic-investing world akin to the Covid-era disruption, hammering quants who were just finding their feet after a challenging start to the year.

Silicon Valley Bank Chief Executive Officer Greg Becker has hired defense lawyers for a shareholder suit accusing him and the bank of securities fraud.

Bank stocks avoided another tumble Monday after the historic takeover of Credit Suisse Group AG, yet investor sentiment remains fragile following a $1 trillion plunge this month in global financial shares.

Switzerland’s Greens and Social Democrats intend to call a special joint session of both houses of parliament over the government-brokered takeover of Credit Suisse Group AG by UBS Group AG.

Volkswagen AG’s planned sale of two Russian units is on hold after sanctioned billionaire Oleg Deripaska’s GAZ Group won a court order to freeze the German carmaker’s non-cash assets.