LeadStory
Banking & LoansEconomy

CBC News

Third bank fails in U.S, volatile day on markets

CBC News ·
CBC News
CBC News

U.S. President Joe Biden told depositors the banking system — and their savings — are safe in the wake of the second and third-largest bank failures in American history. But a volatile day in the markets hammered bank stocks and had people racing to withdraw cash.

SEE THE FULL STORY

Bankman-Fried Guilty

Former FTX co-founder Sam Bankman-Fried has been found guilty of defrauding investors and customers.