Jps: high concentration to regional bank preferred securities

JPS is a fixed income closed end fund from the Nuveen family. The CEF has a high concentration to national and regional banks' preferred equities....

March 11, 2023, 12:22 am

Heavy rain in australia triggers flood evacuations in queensland

SYDNEY (Reuters) – Emergency services in Australia’s Queensland state evacuated residents to higher ground on Saturday, as record-breaking floods ...

March 11, 2023, 12:21 am

Us equity close: s&p 500 virtually erases the year-to-date gains

US equities were hit hard today and the S&P 500 virtually erased its gains for the year in the second day of selling. Stocks tried to rally ear...

March 10, 2023, 9:17 pm

Lynchburg regional business alliance creates new fund to support small businesses, entrepreneurs

The range of loan amounts that would be available to applicants is still being worked out. “So the whole point of it is to build up a pool of money ...

March 10, 2023, 8:44 pm

Strategist: ‘i would avoid' every regional bank amid silicon valley bank fallout

CFRA Research Director of Equity Research Ken Leon and Portfolio Wealth Advisors President-CIO Lee Munson discuss the failure of Silicon Valley Bank t...

March 10, 2023, 5:56 pm

Ceo of failed silicon valley bank no longer a director at sf fed

The chief executive officer of failed Silicon Valley Bank, Greg Becker, is no longer on the board of directors at the Federal Reserve Bank of San Fran...

March 10, 2023, 5:21 pm

What's the second line of defense in the regional bank rout?

To use a Ukraine war analogy, if Silicon Valley Bank is Soledar, then First Republic Bank is Bahkmut.

First Republic is in a similar line of ...

March 10, 2023, 3:38 pm

Why regional bank stocks are getting crushed friday

Markets moved broadly lower as fears in the regional banking sector grew. Banks with West Coast exposure saw the largest declines....

March 10, 2023, 2:33 pm

Comerica added to citi's focus list as one of the best us regional bank plays

Analysts at Citigroup Inc (NYSE:C) have placed Dallas-based financial services firm Comerica (NYSE:CMA) Inc on its widely watched focus list. In a not...

March 10, 2023, 1:49 pm

Regional bank armageddon: what you need to know

Regional Banks collapsed this week. Andrew Rocco walks you through what happened and what your next steps should be....

March 10, 2023, 1:47 pm

Regional bank stocks drop on sector worries after svb troubles

One of the consequences of higher interest rates is that they put pressure on bank funding costs, notably deposits....

March 10, 2023, 1:45 pm

First republic leads regional bank rout as silicon valley bank crisis raises fears about bond losses

The declines on Friday were building on large sell-off from Thursday....

March 10, 2023, 11:10 am

Turkey’s southeast exodus after earthquake puts manufacturing at risk

By Susana Vera and Ceyda Caglayan ANTAKYA/ISTANBUL (Reuters) – Mehmet Alkan, a shoe-sole manufacturer in Turkey’s earthquake-hit south, doesn’t ...

March 10, 2023, 8:51 am

Aud/usd faces a major support around 0.6500 – uob

The continuation of the downtrend in AUD/USD should meet a tough support around the 0.6500 region, suggest Economist Lee Sue Ann and Markets Strategis...

March 10, 2023, 8:44 am

First republic bank: eyeing value amid intense fear and volatility

Regional banks endured their worst day in nearly three years on Thursday amid fears of PE and VC banking contagion. I see value in shares of First Rep...

March 10, 2023, 7:01 am

Rebels in indonesia’s papua call in nz hostage video for un mediation

JAKARTA (Reuters) – A New Zealand pilot who was taken hostage last month by rebels in Indonesia’s Papua re...

March 10, 2023, 5:06 am

Asia region stocks getting hammered after the wall street slide

This is not going to be news to anyone, the region's equity markets are getting hit after the weak day on wall Street:

• ...

  March 10, 2023, 2:09 am

Boeing to set up 737 freighter conversion facility in india

Boeing Co said on Friday it would set up a facility in India to convert 737 passenger planes into dedicated freighters to tap into regional and global...

March 10, 2023, 12:49 am

Sunak and macron to agree more security cooperation at paris meeting

By Alistair Smout LONDON (Reuters) – British Prime Minister Rishi Sunak will agree closer defence and security ties with French President Emmanuel M...

March 9, 2023, 10:51 pm

Fintech investment market is expected to reach usd 113670 million by 2030, grow at a cagr of 14.7% during forecast period 2023 to 2030 | data by contrive datum insights pvt ltd.

According to a market research study published by Contrive Datum Insights, The North American market brings in the most money of any regional market i...

March 9, 2023, 7:02 pm