[#item_full_content]Markets still expect the Fed to keep up its inflation-fighting efforts, despite high-profile bank failures that…
Category: Finance
Financial Health, Fintech, Investment, Payments
Stocks making the biggest moves midday: First Republic Bank, Moderna, Newmont, Illumina and more
[#item_full_content]These are the stocks posting the largest moves midday.
Something broke, but the Fed is still expected to go through with rate hikes
[#item_full_content]Markets still expect the Fed to keep up its inflation-fighting efforts, despite high-profile bank failures that…
Here’s how ‘duration risk’ came back to bite Silicon Valley Bank and led to its rapid collapse
[#item_full_content]We usually don’t get into the weeds about bond market moves, but they’re important to understanding…
Jeffrey Gundlach says Fed will hike funds rate next week to save credibility — but shouldn’t
[#item_full_content]While Gundlach sees more tightening ahead, he doesn’t think that’s the appropriate response right now as…
Charles Schwab shares drop 12% even as the firm defends financial position
[#item_full_content]Schwab defended its financial position, reiterating that it has plenty of access to liquidity and a…
Stocks making the biggest moves midday: First Republic Bank, Moderna, Newmont, Illumina and more
[#item_full_content]These are the stocks posting the largest moves midday.
Why regulators seized Signature Bank in third-biggest bank failure in U.S. history
[#item_full_content]The swift move shocked executives of Signature Bank, said board member and former congressman Barney Frank.
Why regulators seized Signature Bank in third-biggest bank failure in U.S. history
[#item_full_content]The swift move shocked executives of Signature Bank, said board member and former congressman Barney Frank.
Charles Schwab shares drop 8%, but rally off lows as firm defends financial position
[#item_full_content]Schwab defended its financial position, reiterating that it has plenty of access to liquidity and a…
Investors rush into bonds, gold in flight to safety after SVB rescue
[#item_full_content]Investors flocked to safe-haven assets amid an emergency plan to backstop the banking system and limit…
PNC decides not to bid on Silicon Valley Bank as regulators struggle to find rescue buyers, source says
[#item_full_content]PNC Financial decided against bidding on Silicon Valley Bank before regulators announced a plan to backstop uninsured…
Bitcoin jumps as much as 10% with crypto market topping $1 trillion as U.S. creates backstop for SVB depositors
[#item_full_content]Cryptocurrencies rallied on Monday as the U.S. government moved to protect depositors of the collapsed Silicon…
Silicon Valley’s ‘greed and avarice’ have ‘finally come home to roost’ in SVB collapse, trader says
[#item_full_content]”Banking should be boring, a lot like watching paint dry — and any time it’s not,…
‘A huge relief’: Startups react to Silicon Valley Bank UK’s HSBC rescue deal
[#item_full_content]”We can look our teams in the eye … and say, not only will we be…
Stocks making the biggest moves premarket: Illumina, First Republic, Seagen and more
[#item_full_content]Bank lenders saw major losses in early morning trading, stinging from the closure of Silicon Valley…
Silicon Valley’s ‘greed and avarice’ have ‘finally come home to roost’ in SVB collapse, trader says
[#item_full_content]”Banking should be boring, a lot like watching paint dry — and any time it’s not,…
Stablecoin USDC nearly regains $1 peg after Circle says $3.3 billion held with SVB will be available
[#item_full_content]Circle, which issues USD Coin (USDC), said that the $3.3 billion it held with the now-collapsed…
Silicon Valley Bank collapse hits startups as far away as China
[#item_full_content]The Silicon Valley Bank fallout has ripple effects on Chinese startups.
Bill Ackman says U.S. did the ‘right thing’ in protecting SVB depositors. Not everyone agrees
[#item_full_content]Billionaire investor and Pershing Square CEO Bill Ackman said the U.S. government’s intervention to protect depositors after…