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Credit Suisse Group AG

UBS to enter talks with Michael Klein to terminate First Boston deal

Executives at Swiss bank believe Wall St veteran secured terms from Credit Suisse that were too generous

Switzerland bans deferred bonuses for Credit Suisse staff

Asia investors ‘gobsmacked’ by $17bn Credit Suisse bond wipeout

Analysis

Wry humour, grief and Bear Grylls all on show at Credit Suisse conference

Editor's picks

Four ways to fix the bank problem

Don’t assume that DeSantis is a safe alternative to Trump

Top stories

US says no signs Putin-Xi summit would lead to peace in Ukraine

Live

Markets Briefing. US equities gain as banking fears take back seat to Fed

2 hours ago

Xi backs Putin on Ukraine but holds out on Russian gas pipeline

Leaders of China and Russia hold centrepiece talks in Moscow

Xi-Putin talks highlight Russia’s role as ‘junior partner’ to China

First Republic rallies as Yellen says US prepared to give more support

Treasury secretary defends ‘decisive and forceful actions’ by regulators to avert broader crisis

updated

JPMorgan Asset Management chief warns on commercial real estate risks

UK politics & policy

Johnson set to avoid by-election over ‘partygate’ scandal

Tory MPs investigating whether former PM deliberately misled parliament want to avoid ‘nuclear option’

Spotlight

Trump rallies Republicans to his defence with arrest warning

Possible charges by Manhattan prosecutors may give former president’s latest campaign a boost among his party’s base

Federal Reserve

‘Firefighter and policeman’: Fed faces rate rise dilemma

US central bank’s next move complicated by uncertainty over efforts to shore up sector

News

Sri Lanka’s president says creditors will ‘compromise’ on debt resolution

Ranil Wickremesinghe urges lenders to set aside differences to meet government target of deal before year-end

‘Do you understand what I say?’ Markus Braun tests patience of Wirecard judge

Former chief executive has been unwavering that he has no responsibility for one of Europe’s biggest corporate frauds

Wirecard fraudster Jan Marsalek’s grandfather was suspected Russian spy

Google launches Bard chatbot to rival OpenAI’s ChatGPT

Tech giant seeks to make up lost ground in race to commercialise generative AI technology

Most read

California anti-bias law criticised for hurting minority students

State travel ban impedes university transfers for black students from low-income backgrounds

Ukraine clinches $15.6bn IMF loan

Agreement marks financial lifeline for Kyiv as it looks to shore up economy following Russia’s invasion

new

Short seller warned US regulator about Signature Bank in January

Property-focused lender had a reputation for promoting entrepreneurial bankers and a blind spot for risk

Silicon Valley Bank losses embolden calls for US accounting rule reform

Russia arrests leading member of Nobel Prize-winning rights group

Memorial’s Oleg Orlov charged with ‘discrediting the armed forces’

Israeli-Palestinian conflict

Israel repeals law that ordered dismantling of four West Bank settlements

Critics say decision is step towards annexing Palestinian territory

Venezuela oil minister resigns as Maduro cracks down on corruption

Tareck El Aissami played key role in helping South American nation evade US sanctions

Colombia’s energy transition should be gradual, warns Ecopetrol chief

Retail & Consumer industry

Credit Suisse takeover risks limiting choice for Swiss start-ups, warns On Running

Premium athletic brand used bank and its rival UBS when it listed in 2021

EU business regulation

EU industrialists attack Europe’s counter to Biden green bonanza

Net zero Industry Act is not enough to compete with tax incentives offered by US, warn major groups

Saudi leads push to elevate carbon removal in UN climate science report

Opinion

Now is not the moment to push people into just any job

Forcing the unemployed into low-paid work isn’t a good solution to today’s labour market problems

A reckoning on Germany’s Russia policy is long overdue

The invasion of Ukraine has made a proper accounting of ties between Berlin and Moscow more urgent than ever

Constanze Stelzenmüller

Investors in limbo land as trust in market rules wavers

Markets Insight. SVB lessons in the forgotten history of the Bank of the United States

Abby Joseph Cohen

Lex. Bank ratios: complex calculations are a key part of banking’s confidence trick

The FT View. A very Swiss bank rescue

The editorial board

Unhedged. Against bank stocks

Politicians forget to ask what good childcare actually looks like

More Opinion

US News

US bank shares rise on government readiness to back smaller lenders

First Republic Bank stock jumps as much as 60% as concerns over sector ease

Wall Street chief executives seek new plan for First Republic

JPMorgan and Deutsche Bank must face Epstein claims, judge rules

Amazon cuts 9,000 more workers in efficiency drive

Rupert Murdoch engaged to be married for fifth time

Turmoil shines light on lifeline provided by small US banks

Bid deadline for failed Silicon Valley Bank is extended as buyers hold back

Podcasts

Money Clinic with Claer Barrett. Interest rates, bank crises and your money

24 min listen

FT News Briefing. Will a $3bn bailout be enough for Sri Lanka?

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Tech Tonic. The quantum revolution: ‘Spooky action’

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FT Weekend podcast. Ben Okri on poetry and politics. Plus: graffiti legend 10 Foot

32 min listen

HTSI. The kingdom of Sir Michael Kadoorie

Postcard from Switzerland: the small town where Sherlock Holmes lives on

Wellbeing and fitness

HTSI. A first look at Heckfield Place’s new wellness retreat

Review. Cursed Bread by Sophie Mackintosh — how desire can lead to betrayal

Review. FT Weekend Oxford Literary Festival

Video

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FTX: the legend of Sam Bankman-Fried | FT Film

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Scoreboard10 min

The business of Formula 1: inside McLaren HQ

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Brexit28 min

The Brexit effect: how leaving the EU hit the UK

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Capture: who's looking after the children? | FT Film

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Highlights

From SVB to the BBC: why did no one see the crisis coming?

Managers can put organisations at risk when they fail to plan for the worst-case scenario

Affairs and takeovers but absolutely no secret agendas

Rutherford Hall

Dear Jonathan. How do I re-enter work after several years of retirement?

The Big Read. Singapore and Hong Kong vie to be the Caymans of Asia

The envy at work that dare not speak its name

The Big Read. Microbes on the farm: a solution for climate change?

Interview. Football’s first female super-agent Rafaela Pimenta on dealmaking and discrimination

Technology

Just Eat Takeaway lays off 1,700 couriers in employment U-turn

Group previously sought to set itself apart in UK by moving away from gig economy

Bafta Games Awards show ingenuity of smaller developers

Tech Tonic. The quantum revolution: ‘Spooky action’

Special Report. FT 1000: Europe’s Fastest Growing Companies

Tripledot plays winning hand with ‘Solitaire’ to top FT1000

London’s lead in tech is at risk, warn start-ups

Growing investor interest nurtures Prague’s ambitions

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