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The phrase "financial crises" is grammatically correct and can be used in written English.
It is typically used to refer to situations or events where there is a sudden and severe decline in the overall economy or financial markets. Example: The country was facing a series of financial crises, leading to widespread unemployment and inflation.
Dictionary
financial crises
noun
Plural of financial crisis
Exact(60)
Financial crises stink.
Financial crises wreak terrible havoc.
And no more financial crises".
Financial crises are complex beasts.
Surprise causes financial crises.
Financial crises often bring bumpy recoveries.
Indeed, financial crises come in clusters.
Why do we have financial crises?
FINANCIAL crises invariably have unexpected after-effects.
Calculating the "severity index" of financial crises.
Banking and financial crises keep happening.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com