Shares of regional banks ex-First Republic were mostly higher early Monday.
Schlagwort-Archiv: Financial
First Republic continues tanking, but other regional banks are rallying on Monday
S&P cut its credit rating on First Republic to B+ from BB+ on Sunday after first lowering it to junk status just last week.
Bitcoin market gains $26 billion after hitting 9-month high as banking crisis sparks rally
Bitcoin jumped on Monday as some investors turned to digital currencies amid a crisis in the traditional banking sector.
Saudi National Bank loses over $1 billion on Credit Suisse investment
Credit Suisse’s largest shareholder confirmed to CNBC that it had suffered a loss of around 80% on its investment.
UBS shares reverse losses, Credit Suisse craters 50% after takeover deal
UBS agreed to buy Credit Suisse as part of a cut-price deal designed to alleviate panic in the banking sector.
Top Wall Street analysts pick these five stocks for the long term
TipRanks analyst ranking service pinpoints Wall Street’s best-performing stocks, including BJ’s & CrowdStrike
SVB collapse is double-whammy for tech startups already navigating brutal market
Startup founders across the U.S. were already cutting costs and preserving cash before Silicon Valley Bank’s failure this month complicated their situation.
UBS offers to buy Credit Suisse for up to $1 billion, the Financial Times reports
The deal, which could be signed as early as this evening, values Credit Suisse at around $7 billion less than its market value at Friday’s close.
‚Be mindful of your risk‘: Money manager tackles Silicon Valley Bank fallout on ETFs
There’s speculation bank stress could expose problems lurking in ETFs tied to specific sectors.
Icahn proposes three candidates for Illumina’s board — Here’s what could be next in the battle
A fight has broken out between veteran activist Carl Icahn and biotech company Illumina as the investor nominates three candidates to the board.