WASHINGTON (Reuters) – U.S. existing home sales increased for the first time in a year in February as a decline in prices on an annual basis pulled buyers back into the market, further evidence that the housing market was stabilizing […]

WASHINGTON — Silicon Valley Bank’s risky practices were on the Federal Reserve’s radar for more than a year — an awareness that proved insufficient to stop the bank’s demise. The Fed repeatedly warned the bank that it had problems, according […]

The Swiss government is close to announcing a deal that would involve UBS buying Credit Suisse, its smaller, beleaguered rival, for about $1 billion, three people with knowledge of the matter said on Sunday. The takeover of Credit Suisse is […]

First Republic Bank is in talks to raise money from other banks or private equity firms by issuing new shares, in a desperate bid to bolster its finances, one day after the biggest U.S. banks gave it a $30 billion […]

Mixed feelings about First Republic’s bailout America’s biggest banks unveiled an impressive show of force yesterday, injecting $30 billion into First Republic Bank as it teetered on the brink of collapse. The plan was meant to shore up confidence in […]

First Republic Bank, a midsize lender whose shares have plunged this week amid broader banking turmoil, is exploring extreme measures including a possible sale, a person familiar with the matter said, indicating that the bank’s moves over the weekend to […]

As an adviser to Silicon Valley Bank, Goldman Sachs tried to pull off a last-minute capital raise last week to save the bank from collapse. But the Wall Street giant also had another role in the bank’s final days, for […]

Five days after seizing control of Silicon Valley Bank, federal regulators were still in the process of auctioning off its remaining parts, but no single buyer appeared willing to take on everything. SVB collapsed last week after a run on deposits […]

Credit Suisse, the 166-year-old institution that was once an emblem of Swiss pride, is fighting for its life after investors, fearing that the bank would run out of money, dumped its stock and sent the price of insuring its debt […]

Mass timber, an engineered wood product that offers durability and sustainability benefits, has become increasingly prominent at colleges across the country, where it is included not only as a concept in the curriculum but also as a material in campus […]