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

Crypto Fallout

Leading platform FTX has filed for bankruptcy as crypto prices fall below 2017 prices.