From SVB’s sudden collapse to Credit Suisse fallout: 8 charts show financial market turmoil

From SVB’s sudden collapse to Credit Suisse fallout: 8 charts show financial market turmoil

A tumultuous week in U.S. financial markets ended on an uncertain note on Friday after a massive injection of $30 billion in deposits from major banks into First Republic Bank failed to calm investors. Last week, the sudden collapse of three US banks – Silvergate Capital, Signature Bank SBNY and Silicon Valley Bank – began … Read more

Paramount Global Considers Selling Majority Stake in BET Media Group

Paramount Global Considers Selling Majority Stake in BET Media Group

Paramount Global FOR -2.19% plans to sell a majority stake in BET Media Group, which includes cable channels BET and VH1, people familiar with the matter said. The move to consider selling a controlling stake in the assets, which cater primarily to black audiences, is part of the entertainment giant’s efforts to bolster resources to … Read more