Uncertainty caused by the collapse of Silicon Valley Bank this month triggered outflows and plunging share prices at peers including First Republic and PacWest.
Central banks and regulators had hoped that the Credit Suisse rescue deal would help calm investor jitters about the stability of Europe's banks.
Shares of Deutsche Bank traded more than 14% lower at one point Friday after a Thursday evening surge for its credit default swaps.
Shou Zi Chew's testimony did not seem to quell many concerns that lawmakers had about its connections to China or the adequacy of its risk mitigation plan.
Protesters marched around the country and strikes hit various sectors as Emmanuel Macron's televised interview failed to calm tensions.
CNBC and independent research firm Statista are going to identify the world's top 200 fintech companies.
Swiss authorities placed a heavy emphasis on the role of U.S. regional banking collapses in pushing Credit Suisse to the brink.
The U.K.'s competition regulator on Friday said it has narrowed the scope of its investigation into Microsoft's takeover of Activision.
CNBC's Jim Cramer said Friday that the initial market sell-off prompted by the Fed rate hike may point to a reversal in the coming months, based on past data.
Crypto firm Tether estimates it will make $700 million in profit in the March quarter, taking its total excess reserves to over $1.6 billion, its CTO said.
The EU says it is hoping to provide more clarity to consumers so that when a product is sold as green, they can trust that it is environmentally friendly.
China said that it would "strongly oppose" a forced sale of TikTok from its parent ByteDance, as the app faced intense scrutiny and a potential ban in U.S.
The new monarch was due to visit Paris and Bordeaux in a trip beginning Sunday, both of which have seen tense protests.
Crypto companies are frustrated at the U.S. government and the SEC for their lack of clear rules.
The turmoil in the banking sector seen in the U.S. and Europe has highlighted China as a "relative safe haven" this year, Citi said in a note.
Global tech giants from Microsoft and Google to SAP have laid off thousands of employees since the start of the year despite being profitable.
Beijing sought to position itself as a peace broker between Russia and Ukraine and issued a 12-point peace plan in February.
India is ramping up spending on its aviation industry by billions of dollars, but its outbound travel market is unlikely to overtake China's anytime soon.
Emergency federal actions to back up customers of Silicon Valley Bank and Signature Bank could be used again if necessary, Treasury Secretary Janet Yellen said.
TikTok CEO Shou Zi Chew told U.S. lawmakers that China-based employees at its parent company ByteDance may still have access to some U.S. data from the app.
Wristcheck is a consignment-based platform for luxury watches from Hong Kong, and it claims to have an inventory of timepieces worth $80 million.
Gold prices have room to run as banks struggle and the Federal Reserve renders another rate decision, potentially breaking all-time highs — and staying there.
The techniques have evolved to sidestep Binance's highly publicized know-your-customer controls, and focus on obscuring a user's country of origin.
The Bank of England on Thursday hiked interest rates to their highest level since 2008 as it grapples with persistent high inflation.
Block shares plunged after noted short seller Hindenburg Research said the company's flagship Cash App facilitates crime and lacks strong compliance controls.
The federal government is prepared to take additional actions if warranted, U.S. Treasury Secretary Janet Yellen said.
The research firm said in a report it views China's reopening as the "single biggest demand driver" for a recovery in oil demand this year.
China's relationship with Russia is causing unease and division in the European Union.
The founders of Character.AI helped create the architecture that used in popular AI chat products
OpenAI CEO Sam Altman says the company fixed a vulnerability that meant some users were able to see the titles of chats from other users.