UK and US regulators were aware of and participated in a state-led effort to manipulate interest rates during the 2008 financial crisis. As per a BBC report, newly uncovered evidence suggests that the regulators concealed this information.

UK, US banking regulators were instructed to 'rig' interest rates during 2008 financial crisis: Report

On Friday, the Silicon Valley Bank announced that it will be shutting down its operations after the lender’s announcement of raising $2 billion in funds to plug losses triggered a massive sell-off.

Explained | How Silicon Valley Bank crisis unfolded in 48 hours

US regulators have taken control over the Silicon Valley Bank (SVB) after it was shut down, marking the largest retail bank failure since the 2008 financial crisis.

Silicon Valley Bank shuts down amidst liquidity crisis, regulator seizes assets; global markets tank

The Switzerland-based investment banking company Credit Suisse said on Monday that it will pay $495 million to settle a dispute concerning mortgage-backed securities.

Credit Suisse to pay $495 million to settle case concerning 2008 financial crisis

The OECD trimmed its outlook for the global economy on Thursday, saying the world was headed for its weakest economic growth since the 2007-2008 financial crisis.

OECD warns global growth 'weakest since financial crisis'