Squawk on the Street

Jim Cramer and David Faber focused on the latest developments surrounding the turmoil in the banking sector: In prepared remarks for a speech to the American Bankers Association, Treasury Secretary Janet Yellen said that the government could backstop more deposits if necessary to stop potential contagion. First Republic led regional bank shares higher on news that JPMorgan Chase is advising the company on strategic alternatives including a capital raise. Also in focus: The Fed kicks off its two-day policy meeting, a preview of Nvidia CEO Jensen Huang's keynote speech on AI to the company's developer conference, what the CEO of TikTok said ahead of his Capitol Hill testimony on Thursday, Amazon layoffs, Moody's ups Tesla’s debt from junk status.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Jim Cramer and Jeff Marks discuss how investors are sifting through all the bank turmoil. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

David Faber, Sara Eisen and Mike Santoli covered all of the bases surrounding the turmoil in the banking sector, ahead of Wednesday's Federal Reserve decision on interest rates. UBS agreed to acquire its beleaguered Swiss rival Credit Suisse for about $3.2 billion in stock. Central banks including the Fed and the European Central Bank teamed up to form a joint liquidity operation to ensure smooth funding for the global banking system. Shares of First Republic tumbled to a record low after S&P downgraded the bank deeper into junk status. Despite that news, the market week started with beaten-down regional banks posting gains. Among them: New York Community Bancorp (NYCB), which soared after its Flagstar subsidiary agreed to acquire a significant portion of failed Signature Bank. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Jim Cramer and Jeff Marks break down what they are calling a ‘tricky’ market driven by regional bank volatility. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

David Faber, Sara Eisen and Mike Santoli focused on the turmoil engulfing the banking sector: Shares of First Republic and other regional banks extended their losses, despite news that the troubled lender is receiving $30 billion in deposits from eleven U.S. banks. The parent of Silicon Valley Bank filed for Chapter 11 bankruptcy protection. U.S. Deputy Treasury Secretary Wally Adeyemo joined the program with White House reaction to those developments-- and how itplans to quell fears about the stability and safety of the banking system. Also in focus: The worst week for Credit Suisse shares since the 2008financial crisis despite a lifeline from the Swiss National Bank, FedEx shares jump on earnings and guidance,tech as a safe haven with the FANG+ index on track for its best week in a year, UBS’ Art Cashin on banks and the markets. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Cramer’s take on regional bank uncertainty and  growing fears of a crisis in the U.S. and Europe. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber focused on the turmoil surrounding the banking sector: Credit Suisse received a $54 billion lifeline from the Swiss National Bank, while First Republic and a number of U.S. regional bank stocks extended steep losses. The European Central Bank increased its key interest rate by 50 basis points and said the "euro area banking sector is resilient." Also in focus: Treasury Secretary Yellen's Capitol Hill testimony, Adobe beats and lifts guidance, Baidu falls on its AI demo, plus the latest on the U.S. threatening to ban TikTok. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

After Tuesday’s relief rally on Wall Street, Carl Quintanilla, Jim Cramer and David Faber reacted to Wednesday's market sell-off as fears about the banking sector resurfaced, just days after the collapse of both Silicon Valley Bank and Signature Bank. Shares of Credit Suisse tumbled by more than 25% to record lows after the bank's largest investor -- Saudi National Bank -- said it could not boost its stake in CS beyond 10% due to regulatory guidelines. European bank shares took a hit on the news, dragging the global markets down with them. What should your investment strategy be when comes to the banks, including the beaten-down regionals? Also in focus: A surprise decline in February wholesale inflation data, monthly retail sales fall, BlackRock CEO Larry Fink weighs in on banks and inflation in his annual letter to shareholders. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Cramer’s take on Credit Suisse’s impact on the markets. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

CNBC’s Sara Eisen and Charles Schwab CEO Walter Bettinger discuss the impact of the collapse of Silicon Valley Bank on financials. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.