Official nonetheless pledged that the Federal Reserve and other agencies would take whatever steps deemed necessary to protect the banking system
Bank failures led to the largest growth in non-deposit borrowing on record
SVB's March 10 collapse in a bank run was the second-largest in U.S. history
Political leaders said sector’s generally in “good shape” after Deutsche Bank stock fell 14%
Swiss National Bank hiked its key interest rate on Thursday
Treasury Secretary said more rescue efforts could be necessary to prevent contagion
A coalition wants a review of the $100,000 limit that hasn't changed since 2005
Some customers were caught off guard by the turmoil, at odds with Switzerland's reputation as as stable banking haven
Banks have lower exposure to fixed-income securities and sufficient liquidity, DBRS says
Amid the turmoil, some advisors seized buying opportunities and proactively comforted clients