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First citizens just bought silicon valley bank - here's everything you need to know about the latest twist in the banking turmoil
First Citizens Bank agreed to buy SVB on Sunday, taking over 17 branches and paying $72 billion for the collap...
March 27, 2023, 8:00 am
First citizens bank takes over collapsed lender silicon valley bank
North Carolina-based lender First Citizens Bank has sealed a deal to buy collapsed lender Silicon Valle...
March 27, 2023, 3:16 am
'the first bank crisis of the twitter generation': the pressure on banks is very different to 2008
Credit Suisse and Silicon Valley Bank may have collapsed but a financial crash today would be very diff...
March 27, 2023, 1:30 am
4 banks have collapsed in less than a month. here's what jerome powell, nouriel roubini, elon musk and others are saying about the turmoil.
Deutsche Bank is the latest to spark concern, and it follows the recent collapses of Silvergate, Silicon Valley Bank, Signature and Credit Suisse....
March 25, 2023, 8:00 am
Rlty: dirt cheap closed-end fund yielding 9.4%
Cohen & Steers Real Estate Opportunities and Income Fund launched in 2022, and as many of you know, that was a rough year for all equities; as such, t...
March 25, 2023, 7:00 am
Citizens financial prepping bid for silicon valley bank's private banking segment, report says
Citizens Financial Group (NYSE:CFG) Inc is preparing a bid to acquire the private banking arm of the collapsed...
March 24, 2023, 10:17 am
Ryanair and boeing talks restart over long-delayed 737 shipment
Ryanair Holdings PLC (LSE:RYA) and The Boeing Company (NYSE:BA) have returned to negotiations for a new shipment of 737s, after talks ...
March 23, 2023, 10:11 am
Svb financial accuses fdic of 'improper actions' to block the firm from accessing $2 billion of its cash
SVB Financial Group said it can't access $2 billion of its cash deposited at the collapsed Silicon Vall...
March 22, 2023, 7:09 am
Fed's powell faces political storm, policy minefield over svb oversight
The Federal Reserve is expected to raise interest rates by a quarter of a percentage point on Wednesday, a decision that will land amid a brewing poli...
March 22, 2023, 1:02 am
Trka stock: a 400% rise in troika's shares outstanding changes everything
Shares of short squeeze stock Troika Media Group (NASDAQ: TRKA ) collapsed 40% on March 7 after the fir...
March 20, 2023, 4:39 pm
The fed spotted red flags at silicon valley bank years before it collapsed, report says
Fed officials saw issues in SVB dating back to 2021, when the now-failed bank received 6 citations and had 'matters requiring immediate attention.'...
March 20, 2023, 11:56 am
Svb collapsed suddenly not because of the internet and social media, but because that's what always happens in a bank run
One prevalent narrative spreading in Silicon Valley is that we are witnessing a new type of bank run — a “Twitter run” — driven by technologic...
March 20, 2023, 7:10 am
The svb debacle has exposed the hypocrisy of silicon valley | john naughton
US tech innovators have a culture of regarding government as an innovation-blocking nuisance. But when Silicon Valley Bank collapsed, investors scream...
March 18, 2023, 12:00 pm
Here's what it was like at the new york stock exchange the day silicon valley bank collapsed, according to wall street's most famous trader
On the morning SVB failed, Peter Tuchman downed four espresso shots and geared up for what would be a historic day on the trading floor....
March 18, 2023, 8:15 am
Us consumer sentiment took a hit this month even before svb collapsed, survey says
US consumer sentiment declined in March for the first time in four months, according to the University of Michigan's monthly preliminary reading. Th...
March 17, 2023, 12:33 pm
Did first republic bank execs play hot potato by quickly dumping stocks?
First Republic Bank execs reportedly sold $11.8 million of company stock this year shortly before the regional bank's share price ...
March 17, 2023, 11:51 am
Why shares of ally financial stock slumped this week
Silicon Valley Bank collapsed due to major withdrawal requests and a mismanaged loan book. Ally Financi...
March 17, 2023, 11:39 am
Why shares of first republic bank collapsed this week
First Republic Bank is down 80% this year. The company is facing major withdrawal requests from its uninsured customer base....
March 17, 2023, 10:52 am
Robinhood makes a u-turn, will honor bets against signature bank
Robinhood has backed down on its decision to let its customers' profitable put options contracts against the c...
March 16, 2023, 10:36 pm
Peter thiel said he had $50 million in a personal account at silicon valley bank when it collapsed, despite telling his portfolio companies to pull their money
Some have blamed Thiel for helping to trigger the run on SVB after he told Founders Fund customers to pull deposits from the bank before its collapse....
March 16, 2023, 2:18 pm