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'that's how capitalism works,' biden says of svb, signature bank investors who lost money in failed banks
"Investors in the banks will not be protected," Biden said. "They knowingly took a risk and when the risk didn't pay off, the investors lose their mon...
March 13, 2023, 9:59 am
Biden to svb management: you're fired!
Taxpayers nor customers will feel the brunt of Silicon Valley Bank's and Signature Bank's failures, US ...
March 13, 2023, 9:37 am
Biden says saving silicon valley bank helped economy ‘breathe easier'—but not all experts agree
That's how capitalism works,” Biden said Monday about equity stakeholders in the failed banks wholly ...
March 13, 2023, 9:34 am
Silicon valley bank failure: what recent moves from the us banking regulators suggest
Roger Ferguson, former Federal Reserve vice chairman and CNBC contributor, joins 'Squawk Box' to discuss if the Federal Reserve's moves are enough to ...
March 13, 2023, 9:30 am
Western alliance shares plummet 65% as bank stocks take a beating from svb's collapse
Western Alliance shares fell as much as 68% in premarket Monday as investors fretted about the pressures behind Silicon Valley Bank's ...
March 13, 2023, 9:24 am
Oil and gas stocks suffer broad selloff as crude prices drop in wake of svb collapse
The energy sector was suffering a broad selloff Monday, as worries that the recent bank failures will t...
March 13, 2023, 9:19 am
Why is pacwest bancorp (pacw) stock down 45% today?
PacWest Bancorp (NASDAQ: PACW ) stock joins the growing list of bank stocks taking a beating on Monday as recent news worries investors. The news affe...
March 13, 2023, 9:15 am
Bank crisis widens as signature topples, funding props first republic
The bank crisis widens as Signature Bank was closed Sunday following the Silicon Valley Bank failure. F...
March 13, 2023, 9:13 am
Should you buy the dip in big bank etfs & overlook svb crisis?
Wall Street went into a tailspin last week due to the liquidation of Silicon Valley Bank and Silvergate Capital. Is it a case of specific business mod...
March 13, 2023, 9:12 am
Gold hits 4-week high after u.s. authorities intervene to save depositors in failing banks
Gold prices surged on Monday, hitting a 4-week high as the U.S. dollar weakened and Treasury yields declined after the Federal Reserve and other U.S. ...
March 13, 2023, 9:04 am
Charles schwab upgraded to buy from neutral, but price target cut to $75 at citigroup
Charles Schwab Corp. SCHW, -11.69% was lifted to buy from neutral on Monday by Citigroup analysts, who see a a “compelling entry point” from a 23%...
March 13, 2023, 8:38 am
The fed will be forced to surrender on rate hikes after svb's failure, says top economist mohamed el-erian
A plunge in the 2-year Treasury yield following SVB's meltdown suggests market expectations that the Fed will end its aggressive interest-rate hikes, ...
March 13, 2023, 8:32 am
An indian tech company's stock falls after it reveals a link to silicon valley bank.
Nazara Technologies, a mobile gaming company, said two of its subsidiaries had together more than $7.7 million in balances at the ...
March 13, 2023, 8:27 am
Silicon valley bank failure sparks panic — are you fdic insured?
The failure of Silicon Valley Bank is prompting all investors to ask themselves the question: Is my acc...
March 13, 2023, 8:00 am
Kbw recommends buying these 11 financial stocks, including first republic, following federal backstop for banks
On a Monday following high-profile bank failures on Friday and Sunday, it may seem to be a strange time...
March 13, 2023, 7:57 am
After svb failure, regulators close crypto-friendly bank signature bank
Signature Bank is the second casualty of the ongoing banking crisis in the U.S. The New York-based financial institution stopped operating abruptly on...
March 13, 2023, 7:50 am
First republic bank's market value halved following svb, signature bank wind ups
US wealth management firm First Republic Bank's attempts to assuage fears over its exposure to Silicon Valley Bank have ...
March 13, 2023, 7:32 am
The fed needs to stop raising rates now, former fdic chair says after silicon valley bank failure
Sheila Bair, a top banking regulator during the 2008 financial crisis, says the stunning implosion of Silicon Valley Bank is exactly why the Federal R...
March 13, 2023, 7:26 am
Svb u.k. was just sold for £1 — here's what else you can buy.
A pack of batteries, some band aids or maybe a failed bank. That's what £1 will buy these days....
March 13, 2023, 7:17 am
First republic bank's stock slides amid continuing jitters about regional banks
First Republic Bank stock losses grew steeper in premarket trades as fears persisted of another run on the bank after the ...
March 13, 2023, 7:15 am