Bloomberg Business

The Federal Deposit Insurance Corp. extended the bidding process for Silicon Valley Bank, with offers now due by late Wednesday.

Credit Suisse Group AG’s Middle Eastern shareholders, which together own about a fifth of the Swiss bank, are among some of the biggest losers in the turmoil that culminated with UBS Group AG agreeing to acquire the troubled lender at a steep discount.

The extent of the economic fallout from the banking crisis isn’t yet clear, but the turmoil will prompt regulators to take another look at rules governing the industry, according to Goldman Sachs Group Inc.’s Beth Hammack.

Japanese Prime Minister Fumio Kishida prodded his Indian counterpart Narendra Modi to speak against Russia’s invasion of Ukraine at their meeting on Monday, adding pressure on New Delhi to choose between major world democracies and a key supplier of energy and weapons.

Here are some notable charts to monitor in commodities markets over the coming days.

The riskiest bonds of European lenders are plunging after holders of Credit Suisse Group AG’s contingent convertible securities suffered a historic loss as part of its takeover by UBS Group AG.

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.

The European Union proposed extending its target of reducing gas demand by 15% through next winter as it adjusts to lower Russian supplies.