How Big Tech Camouflaged Wall Street’s Crisis

nytimes.com This means it’s hard to invest in the U.S. stock market, such as through a 401(k) or pension plan, and not be highly dependent on the fate of the two tech giants. More than…

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…

Simon Black: I Love How Everyone Pretends The Bank Crisis Is Over..

zerohedge.com Simon Black: I Love How Everyone Pretends The Bank Crisis Is Over... Authored by Simon Black via SovereignMan.com, Practically on cue, politicians began their public…

Barney Frank’s Story: Signature Bank Didn’t Need a U.S. Takeover. Regulators Disagreed

barrons.com WELLS, Maine—As we sort through the banking sector mess, perhaps no character has emerged (or really, re-emerged) with a higher profile than Barney Frank, which is curious…

Top 5 Best And Worst U.S. Industry ETFs In Q1 2023: AI and Bank Turmoil Shaped Stock Returns

benzinga.com The first quarter of 2023 was positive for the U.S. stock market as a whole, with the S&P 500 index faithfully tracked by the SPDR S&P 500 ETF Trust SPY, rising by 6%.…

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…

Here are the 20 best performing stocks of March

marketwatch.com Technology stocks have dominated during March, with remarkable gains for a sector that tumbled last year. Meanwhile, two high-profile bank failures have taken their toll on…

First Republic Bank: Fed Strikes Back

seekingalpha.com If a week ago there were still questions about whether First Republic Bank (NYSE:FRC) would be able to avoid a liquidity crisis, then the expansion of various emergency…

Questionable Citigroup Loans from FHLB and Credit Suisse's Impending Impact on Eurodollar Network Raises Concerns

themacrolist.com Here is what we will be getting into today: • None How Unrealized Bond Losses are Pushing Regional Banks to the Brink. Title: Citigroups Citibank Took the Largest Amount of…

Opinion: Will Silicon Valley Bank honor $9 billion promise to low-income Californians?

siliconvalley.com Since the collapse of Silicon Valley Bank, the banking industry, federal regulators and the U.S. government have coalesced in an impressive show of solidarity to “shore up…

US Stocks on Bullish Run as Worst of Bank Run Passed

coinspeaker.com Coinspeaker US Stocks on Bullish Run as Worst of Bank Run Passed The United States (US) stock market is on a bullish run today as marked by the second consecutive day of…

10 Friday AM Reads

ritholtz.com My end-of-week indictment-free morning reads: • Twitter is dying: It’s five months since Elon Musk overpaid for a relatively small microblogging platform called Twitter. The…

Implosion Of SVB And Ensuing Financial Panic Is A Huge Risk But Also An Opportunity For Emerging Markets

forbes.com The global economy has stepped on another landmine with the implosion of Silicon Valley Bank and the ensuing financial turmoil that is nowhere near done. While experts agree…

Pro Take: Banks Turn to Federal Home Loan Bank Funding as System Faces Review

wsj.com When banks run into distress, they have a go-to source for emergency funds other than the Federal Reserve’s discount window: the little-known Federal Home Loan Bank system.…

Biden calls to revive tighter bank regulations that Trump weakened

pbs.org Weeks after the failure of two banks, President Joe Biden called Thursday for independent regulatory agencies to impose tighter rules on the financial system, telling them…

Wall Street's sharks are circling: the sharpest investors are about to make a bundle off the banking crisis

businessinsider.com Not all banks are created equal. Some bank failures, like those in 2008, have the power to paralyze the entire global economy, and others, like the ones we're seeing now,…

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…

FDIC may force big banks to to plug $23B hole from Silicon Valley Bank collapse

nypost.com The Federal Deposit Insurance Corporation is reportedly mulling a plan to force the nation’s largest banks to foot the $23 billion bill it incurred for backstopping…

After bank failures, Joe Biden raises the alarm to restore 'common-sense' rules that Donald Trump weakened

fortune.com Weeks after the failure of two banks, President Joe Biden called Thursday for independent regulatory agencies to impose tighter rules on the financial system, telling them…

Yellen seeking more regulation in aftermath of bank collapse

apnews.com Weeks after the failure of two banks, Treasury Secretary Janet Yellen planned to call Thursday for tighter financial regulations. The public push is part of a larger effort…

Harnessing the Power of Efficient Frontier and Max Sharpe Ratio for Risk Management of Day Trading…

datadriveninvestor.com Harnessing the Power of Efficient Frontier and Max Sharpe Ratio for Risk Management of Day Trading with AI Source from the Author As a day trading practitioner, I cannot…

Why BRP Isn't Worth the Money Right Now?

entrepreneur.com Insurance company BRP Group (BRP) reported mixed financials for the fourth quarter amid significant turbulence in the economy. Considering the macroeconomic headwinds, the…

Austerity for the Plebes, Bank Rescues for the Rich

nakedcapitalism.com Yves here. Supposedly super duper bank reforms after the crisis have done little to shore up confidence, particularly among the rich who tend to keep too much in uninsured…

EU regulators distance themselves from Credit Suisse bond writedowns

cnbc.com BRUSSELS — European regulators distanced themselves from the Swiss decision to wipe out $17 billion of Credit Suisse 's bonds in the wake of the bank's rescue, saying they…

Asia stocks mostly rise after Wall St rally, bank fears ease

washingtonpost.com TOKYO — Asian shares were mostly higher Thursday following a rally on Wall Street as worries over banks following the collapses of several lenders in recent weeks receded.…

“Kiss of Death” For Ripple and XRP As Cramer Says SEC May Lose to Ripple

thecryptobasic.com XRP community members are concerned as Cramer says Ripple might win the SEC case. The XRP community has been riding on a high in recent weeks. XRP’s price soared as…

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…

‘Companies are holding out’: Global IPO market slump endures

cnn.com A slowdown in global initial public offerings continued in the first quarter of 2023 and is likely to endure in the coming months, as companies wait out the effects 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…

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…

Banking Crisis Is a Wake-Up Call to Buy Bitcoin, Says Tim Draper

beincrypto.com Amid the recent banking turmoil, BeInCrypto talked to renowned investor Tim Draper. We discussed how Bitcoin can prosper from this financial crisis, and what makes a weak…

The US Banking Crisis Isn’t Over Yet: Joe Biden

cryptopotato.com The President of the United States – Joe Biden – thinks the turbulence that recently shook the banking sector is not entirely gone. As such, his cabinet is ready to impose…

The stock market just flashed the first sign that investors think the Silicon Valley Bank crisis is over

businessinsider.com Xinhua/Wang Ying/ Getty Images The stock market just flashed its first sign that suggests the US banking crisis is over, according to Fundstrat's Tom Lee. The CBOE…

Top economist Mohamed El-Erian warns that ‘erosion in trust’ caused by banking crisis will lead to ‘economic contagion’

yahoo.com The fractures in the banking system could still have a major impact on Americans thanks to the lingering threat of “economic contagion,” prominent economist Mohamed El-Erian…

Wall Street's most ruthless investors are preparing to feast on failing banks

businessinsider.com Not all banks are created equal. Some bank failures, like those in 2008, have the power to paralyze the entire global economy, and others, like the ones we're seeing now,…

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…

Consumer confidence rebounds amid inflation, bank crisis

foxbusiness.com U.S. consumers were more confident in March despite a string of banking failures and the Federal Reserve raising interest rates once again to cool persistent inflationary…

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.…

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…

Stock market news today: Stocks edge lower, bond yields rise

yahoo.com U.S. stocks moved downward on Tuesday, while bond yields continued to extend gains as investors monitored the latest developments in the banking sector after the sale of…

Cramer says a much-needed Fed pause could ignite a stock market rally like we haven't seen in decades

cnbc.com Do you know that until three weeks ago the U.S. economy was still doing pretty well despite still-sticky inflation and the fastest set Federal Reserve interest rate…

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,…

Let's Dig Into First Republic Bank

thestreet.com First Republic Bank's ( FRC ) stock price plunged sharply in March on concerns that the San Francisco-based lender could fail as some regional banks had done. Rapid customer…