Global banking in crisis

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A pedestrian walks by a First Republic Bank office on March 16, 2023 in San Francisco, California. A week after Silicon Valley Bank and Signature Bank failed, First Republic Bank is considering a sale following a dramatic 60 percent drop in its stock price over the past week. The bank also received $70 billion in emergency loans from JP Morgan Chase and the Federal Reserve. (Photo by Justin Sullivan/Getty Images)
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Fabrice Coffrini/AFP/Getty Images
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Lokman Vural Elibol/Anadolu Agency/Getty Images
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A sign of Credit Suisse bank is seen behind a sign of Swiss banking UBS, in Zurich on March 18, 2023. Switzerland's largest bank, UBS, is in talks to buy all or part of Credit Suisse, according to a report by the Financial Times. Credit Suisse -- Switzerland's second-biggest bank -- came under pressure this week as the failure of two US regional lenders rocked the sector.
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Justin Sullivan/Getty Images
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