The Latest Breaking News on Fears of City jobs axe grow as IG cuts 10% of staff

Dow Jones futures were little changed late Monday, as the banking crisis escalated ahead of the CPI inflation report. Schwab stock plunged on growing liquidity fears.

Australian stocks end sharply lower, as markets across the region take a tumble after US bank stocks suffered their biggest falls in 2.5 years. Here's how the day's events unfolded on the ABC News markets blog.

Looks like the financial stock market freakout is taking down more than just regional banks. Charles Schwab is feeling the heat too.

The market still appears to be hunting for weakness among some smaller U.S. banks and even across Europe after U.S. authorities stepped in to guarantee deposits at Silicon Valley Bank. This makes little sense: There should be no snowballing of runs on banks. But profit expectations could be trimmed at…

What's the federal response to failing banks 15 years after Bear Stearns crumbled?

Startups, venture capitalists and investors from Europe to Asia tried to size up the wider fallout from the SVB Bank collapse.

Investors fearful of a bank run are selling stocks and driving down bond yields.

Turmoil continued to engulf shares in banks as investors rushed to reduce exposure to the banking industry after seeing equity stakes wiped out at Silicon Valley Bank and Signature Bank.

FTSE 100’s top tier fell nearly 2% in morning trading on Monday