[#item_full_content]JPMorgan Chase is advising embattled First Republic Bank on strategic alternatives, sources tell CNBC’s David Faber.
Category: Finance
Financial Health, Fintech, Investment, Payments
Bitcoin briefly tops $28,000 for the first time in 9 months after bank crisis sparks weekend rally
[#item_full_content]Bitcoin climbed over the weekend as some investors turned to digital currencies amid a crisis in…
Stocks making the biggest moves midday: First Republic, UBS, Virgin Orbit, Dell and more
[#item_full_content]First Republic fell sharply once again, while UBS popped after acquiring rival Credit Suisse.
SVB collapse is double-whammy for tech startups already navigating brutal market
[#item_full_content]Startup founders across the U.S. were already cutting costs and preserving cash before Silicon Valley Bank’s…
First Republic continues tanking, but other regional banks are rallying on Monday
[#item_full_content]S&P cut its credit rating on First Republic to B+ from BB+ on Sunday after first…
Bitcoin climbs above $28,000 to a 9-month high as Treasury yields slide on bank crisis
[#item_full_content]Bitcoin climbed over the weekend as some investors turned to digital currencies amid a crisis in…
UBS shares reverse losses, Credit Suisse craters 55% after takeover deal
[#item_full_content]UBS agreed to buy Credit Suisse as part of a cut-price deal designed to alleviate panic…
Saudi National Bank loses over $1 billion on Credit Suisse investment
[#item_full_content]Credit Suisse’s largest shareholder confirmed to CNBC that it had suffered a loss of around 80%…
Why our brains are hard-wired for bank runs like those that toppled SVB, Signature
[#item_full_content]The bank run that led SVB to fail was a rational flight to safety, behavioral finance…
Reveal-Brainspace Announces Acquisition of LIGL
[#item_full_content]CHICAGO–(BUSINESS WIRE)–Reveal, the global provider of a leading AI-powered eDiscovery platform, announced today the acquisition of…
Stocks making the biggest moves premarket: First Republic, UBS, Enphase Energy
[#item_full_content]Shares of regional banks ex-First Republic were mostly higher early Monday.
First Republic shares slide 18% Monday after a credit rating downgrade
[#item_full_content]S&P cut its credit rating to B+ from BB+ on Sunday after first lowering it to…
UBS shares fall 5%, Credit Suisse craters 60% after takeover deal
[#item_full_content]UBS agreed to buy Credit Suisse as part of a cut-price deal designed to alleviate panic…
Saudi National Bank loses over $1 billion on Credit Suisse investment
[#item_full_content]Credit Suisse’s largest shareholder confirmed to CNBC that it had suffered a loss of around 80%…
Bitcoin market gains $26 billion after hitting 9-month high as banking crisis sparks rally
[#item_full_content]Bitcoin jumped on Monday as some investors turned to digital currencies amid a crisis in the…
UBS shares slide 10%, Credit Suisse craters 60% after takeover deal
[#item_full_content]UBS agreed to buy Credit Suisse as part of a cut-price deal designed to alleviate panic…
Saudi National Bank loses over $1 billion on Credit Suisse investment
[#item_full_content]Credit Suisse’s largest shareholder confirmed to CNBC that it had suffered a loss of around 80%…
Asia’s regulators say banking system is robust and stable after UBS-Credit Suisse takeover deal
[#item_full_content]From Hong Kong to Australia and Singapore, authorities urged that their domestic banking systems were stable.
UBS buys Credit Suisse for $3.2 billion as regulators look to shore up the global banking system
[#item_full_content]The $3.2 billion rescue deal came after a weekend of crunch talks, with the chairman of…
UBS buys Credit Suisse for $3.2 billion as regulators look to shore up the global banking system
[#item_full_content]Credit Suisse had already been battling a string of losses and scandals, and over the last…