Startup founders across the U.S. were already cutting costs and preserving cash before Silicon Valley Bank’s failure this month complicated their situation.
Schlagwort-Archiv: Financial
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.
Want to invest in companies that empower women? Here’s what you need to know
Gender lens or gender equity investing is investing for financial return, while promoting gender diversity.
Fail or sale? What could be next for stricken Credit Suisse
JPMorgan’s Kian Abouhossein described a Credit Suisse takeover by UBS as „the more likely scenario.“
Stocks making the biggest moves midday: First Republic, FedEx, Nvidia, Bumble & more
First Republic tumbled again, while FedEx rose on stronger-than-expected earnings.
Why our brains are hard-wired for bank runs like those that toppled SVB, Signature
The bank run that led SVB to fail was a rational flight to safety, behavioral finance experts said. It shows how human psychology can inject financial risk.
First Republic shares slid almost 33% after deposit infusion, dragging down other regional banks
The losses came even after 11 other banks pledged to deposit $30 billion in First Republic for at least 120 days in a coordinated rescue attempt.
Accounts to buy bonds from the government jumped fivefold as yields boomed
Safety was a key theme for investors in 2022 as they opened more than 3 million accounts at TreasuryDirect.gov.