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Tag: FR:GNP

  • US stocks rise, but First Republic Bank slides

    In trading at 4pm ET, the Dow Jones Industrial Average added about 380 points, or 1.2%, and the S&P 500 was up 0.9%. The tech-focused Nasdaq Composite climbed 0.4%. The indices fell on Friday, but so far have remained relatively isolated from the banking crisis. Authorities have been trying to halt a dangerous drop in […]

  • Swiss regulators to provide liquidity to Credit Suisse

    Swiss regulators said they would provide liquidity to the Credit Suisse Group AG providing a lifeline to the lender who is hard hit by concerns about his financial health. Before the regulator’s announcement, shares of the Swiss bank had fallen 24% to a new low. Prices of its bonds fell to distressing levels, indicating that […]