Trading of More Than 12 Regional Bank Stocks Halted Amid Silicon Valley Bank Collapse
Sort by
Date
Items per page
-
Regulators Seize Republic First, a Troubled Philadelphia Bank
The relatively small bank, the first to fail this year, will have its deposits assumed by another Pennsylvania lender, Fulton Bank.The New York Times - Business -
Capital levels are a poor predictor of bank failure
Regulators should be embracing much more sophisticated measures of lenders’ healthFinancial Times - Business -
Deutsche Bank shares slide on €1.3bn Postbank hit
Germany’s largest lender hints at potential settlement over long-running court saga linked to 2010 takeover offerFinancial Times - Business -
First Citizens’ stock touches all-time high on first-quarter earnings, while Valley National shares drop
First Citizens Bancshares Inc.’s stock rose on stronger-than-expected profit and a boosted outlook for net interest income on Thursday, roughly a year after the big regional bank acquired the beleaguered Silicon Valley Bank.MarketWatch - Business -
Regulators close Philadelphia-based Republic First Bank, first US bank failure this year
Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New YorkABC News - Top stories -
I’m 55 with no kids. I was unhappy at work so I took early retirement. I’ve more than $2.7 million in stocks and $1.6 million in real estate. Is that enough?
”I expect to inherit close to $500,000, but I am not counting on that in my planning.”MarketWatch - Business -
2024 NFL Draft grades: Vikings halt J.J. McCarthy's fall, trade with Jets to select Michigan QB at No. 10
Here's what Minnesota is getting in the former Michigan QBCBS Sports - Sports - NFL -
United Methodists endorse change that could give regions more say on LGBTQ issues
United Methodist delegates have endorsed a constitutional amendment that could let the U.S. church — where support has grown for the ordination of LGBTQ people and same-sex marriage — authorize such rites, even as more conservative churches would ...NBC News - Top stories -
United Methodists OK change that could give regions more say on LGBTQ issues
If ratified, one effect of the change is that it could allow for the American church to authorize same-sex marriages within the church.CBS News - Top stories -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - Business -
Barclays shares surge as bank beats forecasts despite drop in profits
Barclays posted a 13% drop in its first quarter profits as lower fee income and a drop in the value of its loans and deposits caused its income to slumpMarketWatch - Business -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - World -
Turkish Central Bank Stays Hawkish Despite Likely Hitting Peak
Turkey’s central bank took a hawkish tone as it held its policy rate at 50%, Liam Peach, senior emerging markets economist at Capital Economics, says.The Wall Street Journal - World - Turkey -
Bank of Japan Holds Rates Steady, Expects Inflation to Stay Around 2%
The Bank of Japan kept its interest-rate target unchanged, a month after it made its first rate increase in 17 years.The Wall Street Journal - World - Japan -
Cannabis banking measure to be left out of FAA bill, industry exec says
Dutchie’s Bryan Barash said he’s disappointed that the SAFER Banking Act won’t be included in FAA funding bill.MarketWatch - Business -
Deutsche Bank braces for €1.3bn hit to profits from Postbank litigation
Court has warned lender it is likely to lose parts of complex lawsuit brought by former shareholders of rivalFinancial Times - Business -
Divided Bank of England faces political heat over calls for rate cuts
Analysts warn chancellor against public comments on likelihood of lower interest ratesFinancial Times - World -
Divided Bank of England faces political heat over calls for rate cuts
Analysts warn chancellor against public comments on likelihood of lower interest ratesFinancial Times - Business -
Investors bet global central banks will be forced to delay rate cuts
Market expectations for loosening in Europe and UK pushed back as US grapples with a hot economyFinancial Times - Business -
Investors bet global central banks will be forced to delay rate cuts
Market expectations for loosening in Europe and UK pushed back as US grapples with a hot economyFinancial Times - World -
Western banks in Russia paid €800mn in taxes to Kremlin last year
Figure represents a fourfold increase on prewar levels and comes as profits jump at European lenders still in the countryFinancial Times - Business - Russia -
Raiffeisen Bank trumpets Russia growth plans in dozens of job ads
Austrian lender, which has pledged to exit Russia, orders internal probe following FT findingsFinancial Times - Business - Russia -
FirstFT: Profits and tax payments jump at European banks still in Russia
Also in today’s newsletter, German flash CPI today and 11 countries to breach EU deficit rulesFinancial Times - World - Russia -
Tesla Boosts S&P 500, Nasdaq Futures
U.S. stock futures were up along with markets from Shanghai to London.The Wall Street Journal - World - Tesla -
FirstFT: Elon Musk’s Tesla teams up with China’s Baidu
Also in today’s newsletter, US commander warns of China’s ‘boiling frog’ strategy in the Pacific and hopes rise for Gaza hostage releaseFinancial Times - World - China -
Euro Bank Credit Spreads Seen Tightening on Monday, Driven By Positive Earnings
Eurozone bank bonds are expected to perform well on Monday, with credit spreads seen tightening, supported by solid earnings and positive news on France’s credit rating, UniCredit Research said.The Wall Street Journal - World -
Thailand's central bank will act independently and not cave to 'political' pressure, governor says
Political pressure won't force the hand of Thailand's central bank in making its interest rate decisions independently, the country's central bank chief said.CNBC - Business -
Euro Bank Credit Spreads Seen Tightening on Monday, Driven By Positive Earnings
Eurozone bank bonds are expected to perform well on Monday, with credit spreads seen tightening, supported by solid earnings and positive news on France’s credit rating, UniCredit Research said.The Wall Street Journal - World -
FirstFT: Profits and tax payments jump at European banks still in Russia
Also in today’s newsletter, German flash CPI today and 11 countries to breach EU deficit rulesFinancial Times - World - Russia -
Dow Falls More Than 600 Points
Follow along for reactions across financial markets.The Wall Street Journal - World -
Buying a home is more expensive than ever
Presented by BP — {beacon} Business & Economy Business & Economy PRESENTED BY The Big Story It's more expensive than ever to buy a home A new report from real estate company Redfin found that the median home price has hit a record high in ...The Hill - Politics -
Why ice costs more than bread in Mali
People are grappling with power cuts as well as extreme heat blamed on human-induced climate change.BBC News - Top stories -
More than potholes and planning at stake in local elections
Results in England and Wales will establish mood for upcoming national pollFinancial Times - World -
Kenya dam burst kills more than 40
Heavy rain and flooding has caused a dam to burst, with fears that the death toll could rise.BBC News - Top stories -
Top five reaches of 2024 NFL Draft: Panthers trading up for Jonathon Brooks, Bo Nix to Broncos at 12 make list
These are the biggest reaches from all three daysCBS Sports - Sports - NFL -
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations ...The Wall Street Journal - World -
Bank of Japan could intervene this week to boost the yen as currency hits 34-year low
The Bank of Japan could intervene to support the yen as soon as Friday, possibly in a move coordinated with the Bank of Korea to help maximize its impact, according to Steven Barrow, head of G-10 strategy at Standard Bank.MarketWatch - Business -
Woman, 74, who allegedly robbed bank may have been scam victim, family says
Ann Mayers entered AurGroup Credit Union on April 19 and "demanded money while displaying a handgun," police said.CBS News - Top stories -
Goldman Sachs and Bank of America shareholders reject proposals to separate chair and CEO roles
Votes mark victories for Goldman’s David Solomon and Bank of America’s Brian Moynihan.MarketWatch - Business -
JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank
The escalation shows how American banks are struggling to navigate American sanctions rules more than two years after Russia's invasion of Ukraine.CNBC - Business