The Russian Banker, Part 1: The Raid

Today, when people hear the name Richard Nixon, they probably think of Watergate. Few remember another one of his most controversial acts – his suspension of the dollar’s convertibility into gold. The “Nixon Shock” as it became known was a quintessentially America First policy, w ...  عرض المزيد

A century ago, when depositors lost confidence in a bank, they’d rush to withdraw their cash. In 1971, US president Richard Milhous Nixon faced a similar dilemma. But his problem wasn’t ordinary citizens fearing for their savings. Instead, it was America’s closest allies who were ...  عرض المزيد

Who is Sergei Leontiev? To the US asylum system, he’s an exiled Russian banker who was persecuted by the state and forced to flee. To Russia, he’s said to be responsible for massive fraud.  On The Russian Banker, a new series from the Financial Times, reporters Cou ...  عرض المزيد

On Monday morning, the federal government took over a third failing bank — this time, First Republic.

Jeanna Smialek, an economy correspondent for The Times, discusses whether we are at the end of the banking crisis, or the start of a new phase of financial pain.

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Sam Bankman-Fried, the fallen golden boy of crypto, is going on trial for what prosecutors are calling the largest financial fraud in recent history.

David Yaffe-Bellany, a technology reporter for The Times, explains the case of the man who was supposed to save the crypt ...

Investors are betting the European Central Bank will raise interest rates to all-time highs, and the FT’s Ben Hall explains the impact of the war in Ukraine on the country’s economy. 

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