[#item_full_content]Shares of Credit Suisse and several other European banks were halted from trading as prices plummeted.
Category: Finance
Financial Health, Fintech, Investment, Payments
Retail egg prices fell in February — but the price drop may not last long
[#item_full_content]The average retail price of eggs fell in February for the first time in months but…
54gene Announces Leadership Changes in Mission to Transform Diversity of Genomics Research Data
[#item_full_content]WASHINGTON–(BUSINESS WIRE)– #Africa–54gene, Inc. a health data technology company on a mission to transform racial disparity…
Credit Suisse chairman says Silicon Valley Bank crisis looks ‘local and contained’
[#item_full_content]On Friday, SVB was taken over by regulators after massive withdrawals a day earlier effectively created…
Moody’s Analytics’ Mark Zandi says Fed unlikely to hike rates in March given banking turmoil
[#item_full_content]The Federal Reserve will likely not raise interest rates at its March meeting as there is…
Moody’s retains ‘negative’ outlook on China’s banks amid challenges of emerging from Covid-zero
[#item_full_content]Ratings agency Moody’s said Wednesday it maintained a “negative” outlook on China’s banking sector due to…
SVB’s failure will have a ripple effect across technology ‘for years to come’
[#item_full_content]Silicon Valley Bank’s collapse is likely to be felt across the technology landscape globally over the…
SVB’s failure will have a ripple effect across technology ‘for years to come’
[#item_full_content]Silicon Valley Bank’s collapse is likely to be felt across the technology landscape globally over the…
Carl Icahn says our economy is breaking because of inflation and poor corporate leadership
[#item_full_content]Famed activist and raider Carl Icahn believes the U.S. economy is in trouble because of poor…
Private equity firms Apollo and KKR among those reviewing Silicon Valley Bank loans
[#item_full_content]Private equity firms Apollo Global Management and KKR are among the parties reviewing a book of…
Stocks making the biggest moves after hours: Lennar, First Republic, Western Alliance and more
[#item_full_content]See which stocks are posting big moves after the bell.
SVB execs sold $84 million in stock over the past 2 years, stoking outrage over insider trading plans
[#item_full_content]Altogether, Silicon Valley Bank executives and directors cashed out of $84 million worth of stock over…
Carl Icahn says our economy is breaking because of inflation and poor corporate leadership
[#item_full_content]Famed activist and raider Carl Icahn believes the U.S. economy is in trouble because of poor…
Ron Baron bought Charles Schwab shares during Monday’s double-digit sell-off
[#item_full_content]The 79-year-old investor said he “modestly increased” his position in the financial name, seeing Monday’s pullback…
First Republic shares rise more than 20% in volatile trading as regional bank stocks try to rebound
[#item_full_content]Regional bank stocks rebounded on Tuesday as investors digested the fall-out from the collapse of Silicon…
Morgan Stanley is testing an OpenAI-powered chatbot for its 16,000 financial advisors
[#item_full_content]Morgan Stanley’s move is one of the first announcements by a financial incumbent after the viral…
SEC and Justice Department are investigating SVB’s collapse, including insider stock sales
[#item_full_content]The probes are looking into the stock sales that SVB executives’ conducted ahead of the tech-focused…
Morgan Stanley is testing an OpenAI-powered chatbot for its 16,000 financial advisors
[#item_full_content]Morgan Stanley’s move is one of the first announcements by a financial incumbent after the viral…
First Republic shares jump 30% as regional banks rebound sharply from Monday’s sell-off
[#item_full_content]Regional bank stocks rebounded on Tuesday as investors digested the fall-out from the collapse of Silicon…
SVB’s new CEO urges clients to ‘help us rebuild our deposit base’
[#item_full_content]Tim Mayopoulos, who was appointed by regulators to run SVB, sent an email to clients on…