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Lawmakers Scrutinize Executive Bonuses At Collapsed Banks

zerohedge.com Lawmakers Scrutinize Executive Bonuses At Collapsed Banks After several years during the pandemic in which bonuses exploded higher, reality is once again bearing down on the…

US regulators vow tougher oversight after SVB, Signature supervision failures

reuters.com U.S. regulators on Friday put large banks on notice that tougher oversight is coming, after the Federal Reserve and Federal Deposit Insurance Corporation detailed their…

Fed's Bowman backs 'targeted' bank rules reform but not 'radical' change

reuters.com May 19 - Federal Reserve Governor Michelle Bowman on Friday repeated her call for the U.S. central bank to hire an outside party to analyze the collapse of Silicon Valley…

US CRE Prices Slide For First Time Since 2011 As 'More Downside Coming'

zerohedge.com US CRE Prices Slide For First Time Since 2011 As 'More Downside Coming' Commercial real estate (CRE) has tumbled into a downturn as property values are sliding. This…

Regulators Rebut Claims by Silicon Valley Bank’s Ex-C.E.O

nytimes.com The bank had not fixed its problems before it failed, they said. Its leader was not excluded from the sale process. When asked in a Senate hearing this week who was to blame…

Senator calls on Fed to fire staff over Silicon Valley Bank failure

go.com Sen. Tim Scott, R-S.C., on Thursday called for firings at the Federal Reserve over the central bank's failure to regulate Silicon Valley Bank in the run-up to its collapse.…

‘Single biggest threat’: Warren, Tester warn against bank consolidation

politico.com Senate Democrats on Thursday warned regulators against allowing big banks to grow even bigger, saying the trend was posing a threat to the financial system. New regulations…

Bitcoin Custody Services Are Coming to Custodia Bank, Says CEO Caitlin Long

decrypt.co Custodia Bank, a Wyoming-chartered special purpose depository institution, will soon be rolling out Bitcoin custody service, founder and CEO Caitlin Long at Bitcoin 2023…

Debt ceiling is a buy-the-rumor-but-sell-the-news event, cautions this strategist

marketwatch.com Stock markets may have woken from a slumber thanks to debt-ceiling hopes, which sparked a Wednesday rally for Wall Street, nudging the S&P 500 SPX, out of a grinding trading…

Traders Raise Bets On June Interest Rate Hike As Fed Officials Hints 'We Are Not There Yet': Dollar Strengthens, Treasury Yields Jump

benzinga.com Dallas Fed President Lorie Logan said Thursday that current data does not support a pause in interest rate hikes yet, leading market expectations for a Fed hike in June to…

Why US Stocks Are Set To Open Higher Thursday

benzinga.com Futures point to a slightly positive start by Wall Street stocks on Thursday following the strong gains of the previous session. The spotlight is likely to be on any…

Morning Bid: Get ready for the debt ceiling rally

reuters.com A look at the day ahead in European and global markets from Kevin Buckland European shares look poised to rally after a wave of optimism that a U.S. debt ceiling deal could…

Marketmind: Get ready for the debt ceiling rally

yahoo.com U.S. President Biden delivers remarks on debt ceiling talks and "preventing a first-ever government default" at the White House in Washington Marketmind: Get ready for the…

Silicon Valley Bank’s Ex-C.E.O. Is ‘Truly Sorry’ but Deflects Blame

nytimes.com Lawmakers on the Senate Banking Committee derided claims by the former chief executive of Silicon Valley Bank, Gregory Becker, that unforeseeable circumstances led to the…

Silicon Valley Bank CEO slammed by senator for 'really stupid bet'

go.com Senators from both parties slammed former Silicon Valley Bank CEO Greg Becker at a hearing on Tuesday, accusing him of mismanagement that they say was fueled by short-term…

SVB bank run could have been a ‘coordinated’ effort by short sellers, says Republican congressman

marketwatch.com Republican Rep. Warren Davidson of Ohio has requested that bank regulators investigate whether the run on deposits at Silicon Valley Bank were orchestrated by short sellers…

US bank regulators vow tougher rules, oversight after bank failures

reuters.com The Federal Reserve is eyeing stricter rules on banks over $100 billion in assets and will ensure supervisors more aggressively police lenders following several recent bank…

5 things to know before the stock market opens Tuesday

cnbc.com We might see some real action from stocks Tuesday after a fairly ho-hum session Monday that nonetheless ended with all three major indices slightly higher. There weren't any…

Markets prep for a busy day with banking testimony, housing data and retail sales

cnn.com The New York Stock Exchange on Wall Street in New York City on May 12. Markets closed slightly higher on Monday after wavering earlier in the trading session, as Wall Street…

Need to Know: Here’s the big thing holding up the stock market, says Bank of America

marketwatch.com Retail sales and more debt-ceiling talks are the big spotlight for Tuesday, with stock futures indicating some wobbling ahead. There was also some disappointing China data…

S&P 500 Futures Slip After Home Depot's Q1 Print: Analyst Says Retest Of October Lows Likely

benzinga.com The see-sawing mood and tight trading ranges that have been characteristic of recent sessions will likely hold in the near term. The major stock futures point to a mostly…

Morning Bid: Europe has a data fest, and growth worries

reuters.com [1/2] People wearing protective face masks are seen in a supermarket in Posillipo, near Naples, Italy, March 10, 2020. REUTERS/Ciro De Luca A look at the day ahead in…

Former Silicon Valley Bank CEO says no bank could have survived what it faced

washingtonpost.com The former chief executive of the failed Silicon Valley Bank plans to tell Congress on Tuesday that no bank could have survived its unprecedented deposit flight, which led…

Stock futures are little changed as traders await Tuesday debt ceiling negotiations: Live updates

cnbc.com Traders work on the floor of the New York Stock Exchange during morning trading on April 10, 2023 in New York City. U.S. stock futures were little changed on Monday evening,…

It Is Merger Monday Again, Plus a Baker’s Dozen +1 Fed Speeches This Week

247wallst.com Premarket action on Monday had the three major U.S. indexes trading higher. The Dow Jones industrials were up 0.37%, the S&P 500 up 0.36% and the Nasdaq 0.26% higher. It has…

China’s Strong Data Likely to Mask Weakening Recovery

yahoo.com Key economic data this week may suggest China’s recovery is doing a lot better than it is in reality. • None Remote Work Comes With Daytime Drug and Drinking Habits • None…

Bond Traders Laser-Focused on Washington as Debt-Cap Risks Grow

yahoo.com Treasury traders will be on high alert in the coming week for signs out of Washington on whether the US will careen toward a market-upending default — or will clinch a…

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