Massachusetts Watchdog Investigating FRC Insider Stock Trades

247wallst.com According to a Thursday report, Massachusetts regulators have opened an investigation into the stock sales made by First Republic Bank’s insiders prior to its failure. First…

Bank with a similar name to troubled First Republic is livid that its shares have tumbled too and insists 'there are significant differences'

fortune.com A case of mistaken identity is sparking a selloff in Republic First Bancorp, which had fallen by more than 40% this month because investors have it confused with embattled…

This week's top S&P 500 stocks include First Republic and this casino owner

cnbc.com Wall Street is barreling toward a winning week — and month — as it closes out a rocky first quarter to 2023. All the major indexes are up this week, with the Dow Jones…

Depositors yank another $126 billion from US banks

yahoo.com Depositors drained another $126 billion from U.S. banks during the week ending March 22, according to new Federal Reserve data. This time the outflow came from the nation's…

'Rich Dad Poor Dad' author Robert Kiyosaki warns the next chapter of the bank crisis will impact on one of the world's key central banks

businessinsider.com The Rich Dad Channel/YouTube The next chapter of the banking crisis will involve the Bank of Japan, according to Robert Kiyosaki. The "Rich Dad Poor Dad" author said the…

Republic First Is ‘NOT’ First Republic, But Try Telling Traders That

yahoo.com A case of mistaken identity is sparking a selloff in Republic First Bancorp Inc., which is down more than 40% this month because investors have it confused with embattled…

Stocks making the biggest moves premarket: Bed Bath & Beyond, Nikola, Virgin Orbit and more

cnbc.com An exterior view of a Bed Bath & Beyond store on February 7, 2023 in Clifton, New Jersey. Check out the companies making headlines before the bell. Bed Bath & Beyond – Bed…

Schwab’s Drop This Week Could Be The Opening Of The Year (Again)

marketbeat.com Having bounced up 35% from the multi-year lows they plunged to in the wake of SVB’s collapse, investors would have been thinking Charles Schwab Corporation’s (NYSE: SCHW)…

Billionaire investor Bill Gross says the Fed easing up in fighting inflation could fuel a rally in government bonds

businessinsider.com Billionaire "Bond King" Bill Gross. Jim Young/Reuters Government bonds may rally if the Federal Reserve eases up on interest-rate hikes, Bill Gross said. US Treasuries are…

Stocks Edge Higher, PCE Inflation Focus, Fed Lending Slows, First Republic Probe, Trump Indictment

thestreet.com Stock futures bump higher ahead of inflation data; Fed inflation gauge may not provide support for rate cut bets; Fed lending to banks eases slightly, balance sheet shrinks;…

2 Preferred Stocks 'Disappear,' 4 Offered

seekingalpha.com The ghosts of SIVB and SBNY preferred stocks The failures of two large regional banks were felt by the preferred stock niche, and in an extreme way we don’t normally get to…

Jamie Dimon Reprises Rescuer Role

nytimes.com Jamie Dimon, the chief executive of JPMorgan Chase, steered his bank through the 2008 financial crisis and was called in to mitigate the recent one.Credit...Gabriela Bhaskar…

One of the world’s richest men knows why Silicon Valley Bank really failed: ‘People on iPhones’

yahoo.com Since the fall of Silicon Valley Bank, experts and market watchers have openly worried that the collapse of that institution, along with Signature Bank and Silvergate Bank,…

Massachusetts regulator probes First Republic insiders' stock sales

reuters.com Massachusetts regulators have opened an investigation into sales of company stock by top executives at First Republic Bank (FRC.N) in the weeks leading up to the recent…

Biden calls for stronger banking safeguards, rollback of Trump-era rules

thehill.com President Biden on Thursday called on federal regulators to consider imposing stronger safeguards on the banking industry in the wake of the failure of Silicon Valley Bank,…

Blackstone's CEO says that Silicon Valley Bank failed because of 'people on iPhones' and contagion won't spread to the rest of the finance sector

fortune.com After the fall of Silicon Valley Bank, experts and market watchers have openly worried that the collapse of that institution, along with Signature Bank and Silvergate Bank,…

Cryptocurrency Outlook Picks Up Amid Bank Crisis; The Markets Lifting Bitcoin Price Might Surprise You

investors.com After a roller-coaster year filled with arrests, speculation, scams, bankruptcies and billions in value lost, cryptocurrency market experts could hardly wait for boring…

Futures Rise; These 10 Stocks Flash Buy Signals

investors.com Dow Jones futures rose modestly Thursday morning, along with S&P 500 futures and Nasdaq futures, after a strong session for the stock market rally. The major indexes made…

The US housing market is tanking

businessinsider.com Gary Friedman. Rachel Murray / Stringer The US housing market has slowed dramatically over the past year, RH CEO Gary Friedman said. Soaring interest rates have hit housing…

Stocks Higher, FDIC Fees, H&M Profits, Electronic Arts Job Cuts, MLB Opening Day

thestreet.com Stock futures extend gains on fading bank crisis concerns; FDIC looking at higher fees for big banks; H&M shares surge after strong quarterly profits; Electronic Arts…

Who Will Fill The Role Of Silicon Valley Bank?

crunchbase.com With much of what once was Silicon Valley Bank falling into the hands of Raleigh, North Carolina-based First Citizens BancShares, it is fair to wonder what the future of…

Signature’s Crypto Clients Told to Close Accounts by FDIC Before April 5th

247wallst.com According to a Tuesday report, Signature Bank’s cryptocurrency clients were told by the Federal Deposit Insurance Corporation to close their accounts by April 5th. All…

Market Rally Picks Up Steam; Here's What To Do Now

investors.com Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures, after a strong session for the stock market rally. The major indexes made robust…

FDIC Faces $23 Billion in Costs From Bank Failures. It Wants Big Lenders to Pay

yahoo.com The Federal Deposit Insurance Corp., facing almost $23 billion in costs from recent bank failures, is considering steering a larger-than-usual portion of that burden to the…

First Republic Bank is not currently looking for a buyer

yahoo.com Embattled First Republic Bank is no longer searching for a buyer as investment advisors and company executives seek to repair the company’s balance sheet before any sale…

Jamie Dimon, Banking Crisis Action Hero?

thedailyupside.com Now that contagion fears are subsiding somewhat, more stories of the white-knuckle decision-making behind closed doors as banks foundered across the nation are starting to…

Regulators: SVB Failure Was 'Textbook Case Of Mismanagement'

investors.com Bank stocks were mixed Tuesday as some of the nation's top regulators testified before the Senate Banking Committee. Top officials from the Federal Reserve, Federal Deposit…

Futures: Chip Giant Says Growth 'Close'; LULU Soars On Earnings

investors.com Dow Jones futures rose solidly early Wednesday, along with S&P 500 futures and Nasdaq futures. Micron Technology (MU) and Lululemon Athletica (LULU) headlined earnings…

SCHH: Buy The Correction, 3 Must-Have REITs To Own

seekingalpha.com REITs are popular with income investors because of their high dividend yields. They are also an asset for growth investors because the market value of REITs increases as…

Misdiagnosing SVB

substack.com SVB was way out over its skis on duration risk. And it dumbly dropped its hedges. It sustained some losses on its available-for-sale securities and massive unrealized losses…

Asian stocks rise as anxiety over banks starts to fade

apnews.com Asian stocks rose Wednesday as anxiety about the global financial system began to fade following three high-profile bank failures. Tokyo, Hong Kong and Sydney advanced.…

Asian stocks mixed as anxiety over banks starts to fade

bostonherald.com Asian stocks were mixed Wednesday as anxiety about the global financial system began to fade following three high-profile bank failures. Shanghai followed Wall Street lower.…

Market Rally Holds Key Levels: LULU Stock Jumps Late, Micron Says Sales Growth 'Close'

investors.com Dow Jones futures rose modestly overnight, along with S&P 500 futures and Nasdaq futures. Micron Technology (MU) and Lululemon Athletica (LULU) headlined earnings overnight.…

Top Fed Officials Criticize Silicon Valley Bank Executives at Senate Hearing

nytimes.com Officials blamed executives at Silicon Valley Bank for its failure on March 10, while adding that Federal Reserve oversight is in for a revamp. WASHINGTON — A top regulator…

SVB Failure Due To Mismanagement, Regulators Say; First Republic No Longer For Sale

investors.com Bank stocks were mixed Tuesday as some of the nation's top regulators testified before the Senate Banking Committee. Top officials from the Federal Reserve, Federal Deposit…

Stocks mostly hold steady as Wall Street regains stability

bostonherald.com Stocks were mixed Tuesday as Wall Street regains some stability at the tail end of what’s been a turmoil-filled month. The S&P 500 dipped 6.26 points, or 0.2%, to 3,971.27,…

Banks & Big-Tech Breakdown, Credit Calm, Bitcoin & Bullion Bounce

zerohedge.com Banks & Big-Tech Breakdown, Credit Calm, Bitcoin & Bullion Bounce Yesterday's early exuberance gave way to reality today as macro data and politics were back. Consumer…

US stocks fall as rising bond yields pressure tech amid easing banking sector fears

businessinsider.com Traders work on the floor at the New York Stock Exchange. Andrew Kelly/Reuters US stocks fall Tuesday, leaving the S&P 500 lower after three days of gains. The 2-year…

Stocks edge lower as some calm remains on Wall Street

bostonherald.com Stocks edged lower in relatively quiet trading on Tuesday, and Wall Street is regaining some cool at the tail end of what’s been a turmoil-filled month. The S&P 500 was 0.6%…

First Citizens takeover of SVB won’t solve the bank run problem

cnbc.com The Federal Reserve will continue to take interest rates higher as long as the mini-banking crisis drags on, CNBC's Jim Cramer said Monday. But if a larger bank fails,…

Stocks are mixed as some calm remains on Wall Street

bostonherald.com Stocks are mixed in relatively quiet trading on Tuesday, and Wall Street is regaining some cool at the tail end of what’s been a turmoil-filled month. The S&P 500 was 0.1%…

Jim Cramer’s Latest Advice Is Concerning

thestreet.com But, there's a glimmer of hope to be seen. If Jim Cramer's "Mad Money" is playing on television anywhere near you, it's hard to miss. Even when markets are chugging along…

Why First Republic Bank's Stock Price Crashed - What Is The Outlook? (NYSE:FRC)

seekingalpha.com I have a Hold or Neutral rating assigned to First Republic Bank's (NYSE:FRC) shares. FRC's stock price has crashed by nearly 90% in a month, and its current valuation…

Stocks hold steady as some calm remains on Wall Street

bostonherald.com Stocks are mixed in relatively quiet trading on Tuesday, and Wall Street is regaining some cool at the tail end of what’s been a turmoil-filled month. The S&P 500 was…

One Of The Best Traders In Congress Sells Shares Of Distressed Regional Bank On Day Of Stock Crash

benzinga.com Several banks have collapsed in 2023, including Silvergate Capital SI, Signature Bank SBNY and Silicon Valley Bank, a unit of SVB Financial SIVB. The Department of Treasury…

US stocks slip as yields creep higher on easing concerns about banking system stress

businessinsider.com TIMOTHY A. CLARY / Getty US stocks ebbed lower on Tuesday after the S&P 500 logged three straight wins. Treasury yields were rising, with the two-year yield touching 4%.…

Small businesses weigh banking options amid bank turmoil

go.com NEW YORK -- Sarah Walker, owner of Nuance Interior Design Showroom in Bellevue, Washington, thought she had her banking arrangements fairly well protected. She kept deposits…