Why Commercial Real Estate Could Cause The Next Bank Failures

forbes.com The collapse and federal takeover of Silicon Valley Bank (SVB ) and Signature Bank is generating worries about where the next bank failures might occur. Will they hit…

Signature Bank’s new owner will honor CD rates, clearing up some fine print for depositors

marketwatch.com We’ve all learned a lot in the past few weeks about how the Federal Deposit Insurance Corp. protects depositors in the event of a bank failure, but there’s still some fine…

Peter Schiff: We Are On The Cusp Of Another Financial Crisis

yahoo.com Peter Schiff appeared on NTD News to talk about the bank bailout and the March Federal Reserve meeting. During the conversation, Peter explained that everybody is going to…

Market Eyes Should Be On Leveraged Finance Markets

forbes.com In this environment of high inflation and uncertainty about the banking sector’s financial health, market participants should scrutinize U.S. leveraged finance markets…

Analysis

washingtonpost.com We’ve seen this movie before: Zombies stalk the land, threatening to infect those around them and ... impairing economic growth. Maybe that doesn’t seem as scary as The…

Biden steps up pressure on Fed to toughen rules for regional banks

politico.com A White House official told reporters that they believe all the steps they’re pointing to can be accomplished under existing law. Given that the banking agencies — the Fed,…

The safety net for banks

npr.org In the first half of March, three banks - Silicon Valley Bank, Signature Bank, and Silvergate - all had relatively classic bank runs and collapsed. Which sparked some major…

Stocks bounced back this quarter, but it's too early to celebrate

cnn.com After a stormy 2022, US stocks gained during the first quarter of 2023 in a surprise show of resilience despite a banking crisis, cryptocurrency meltdowns and uncertainty…

Binance.US transitioning to new bank providers; briefly limiting deposits, withdrawals

cryptoslate.com Binance.US said March 31 that some deposit and withdrawal services would be temporarily unavailable as it transitions to new services. That update says that several transfer…

Yellen Warns Next Crisis Could Come From 'Shadow Banks' And Regulators Must Act

zerohedge.com Yellen Warns Next Crisis Could Come From 'Shadow Banks' And Regulators Must Act Authored by Tom Ozimek via The Epoch Times (emphasis ours), Treasury Secretary Janet Yellen…

A top strategist says 'massive unrealized losses' are a 'Pandora's Box' for banks and it's going to impact lending

fortune.com Regulators and government officials are urging calm in the wake of this month’s major bank failures, while insisting that the U.S. financial and banking system remains…

Why did 12K Bitcoin margin longs close at Bitfinex, and why didn’t it impact BTC price?

cointelegraph.com Since May 2022, the Bitcoin (BTC) margin markets on the Bitfinex exchange have been plagued by an unusually high open interest of over $2.7 billion. This information alone…

Inflation Eases, S&P 500 Rally Continues Ahead Of Next Week's Critical Jobs Report

benzinga.com The SPDR S&P 500 ETF Trust SPY logged a weekly gain to finish off a volatile but positive first quarter marked by more Federal Reserve tightening and a banking crisis driven…

The Fed Is Doing Too Much, All at Once

nytimes.com Jeff Sommer is the author of Strategies , a weekly column on markets, finance and the economy. Silicon Valley Bank collapsed in the biggest single U.S. bank failure since…

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…

The Average Wall Street Bonus Fell by an Obscene Amount in 2022

thestreet.com Wall Street's 2022 bonus payout is a 26% drop from the year before. As companies and government institutions tightened their belts amid a challenging economy, many people…

‘Panic of 2023’: James Corbett Explains How Bank Crisis Could Lead to CBDC ‘Nightmare of Total Monetary Control’

bitcoin.com Investigative journalist James Corbett has recently referred to the ongoing global banking crisis involving SVB, Signature Bank, Credit Suisse and others as the “Panic of…

First Citizens’ Stock Surge From SVB Deal Gives $500 Million to FDIC

yahoo.com The Federal Deposit Insurance Corp. is set to collect the instant windfall that it engineered as part of First Citizens BancShares Inc.’s government-backed takeover of…

US consumer mood darkens but banking turmoil impact limited so far, UMich says

reuters.com U.S. consumer sentiment fell for the first time in four months in March as consumers worried increasingly that a recession is coming, although the turmoil in the banking…

U.S. regulator seeks sale of Silicon Valley Bank, Signature Bank portfolios: sources

theglobeandmail.com The Federal Deposit Insurance Corporation (FDIC) has retained advisers to sell the securities portfolios that the new owners of failed Silicon Valley Bank and Signature Bank…

U.S. regulator seeks sale of Silicon Valley Bank, Signature Bank portfolios, sources say

reuters.com [1/3] FDIC representatives Luis Mayorga and Igor Fayermark speak with customers outside of the Silicon Valley Bank headquarters in Santa Clara, California, U.S. March 13,…

Satoshi Nakamoto Could Explain Current Bitcoin (BTC) Rally

u.today CTO and Senior Fundamental Analyst at Cryptocurrency.Market Leon Fu has shared the main reason why Bitcoin and crypto are growing now. When speaking about it, he referred to…

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%.…

Bitcoin becomes the best-performing asset class in Q1, 2023

finbold.com Bitcoin’s (BTC) 2023 momentum as part of attempting to exit last year’s crypto winter has resulted in the digital asset outperforming other investment products, despite a…

Post-2008 reforms didn't solve the problem of 'too big to fail' banks

cnn.com Regulation introduced after the 2008 financial crisis was supposed to make bank bailouts a thing of the past. But its biggest test so far has revealed some serious…

FDIC exercises $500 million in First Citizens stock to close SVB deal

reuters.com Regulator Federal Deposit Insurance Corporation (FDIC) exercised its equity appreciation right in First Citizens BancShares Inc (FCNCA.O) stock worth $500 million as part of…

Who will end up paying for the banking crisis: You

cnn.com A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the…

Flight to Money Funds Is Adding to the Strains on Small Banks

yahoo.com After the most tumultuous month since the 2008 financial crisis, banks are finding themselves in an impossible position. • None A $3 Trillion Threat to Global Financial…

Post-2008 reforms didn’t solve the problem of ‘too big to fail’ banks

cnn.com Regulation introduced after the 2008 financial crisis was supposed to make bank bailouts a thing of the past. But its biggest test so far has revealed some serious…

That 80s feeling: How to get serious about bank reform this time and why we won’t

nakedcapitalism.com By Charles Calomiris, Henry Kaufman Professor of Financial Institutions, Graduate School of Business Columbia University; Director, Center for Economics, Politics and…

The Nasdaq 100 just entered a fresh bull market

businessinsider.com Nothing's more fitting on a Friday than a dose of market optimism. Phil Rosen here. Yes, it's true — the Nasdaq 100 officially closed 20% above its December low this week,…

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…

Bitcoin And Ethereum Correlation At A Staggering 97%, BTC Rally Incoming?

newsbtc.com As Q1 2023 comes to a close, the Bitcoin and Ethereum correlation stands at a staggering 97%, trackers indicate. The Bitcoin And Ethereum Price Correlation Bitcoin and…

Biden Calls on Regulators to Increase Oversight of Certain Banks

nytimes.com The proposals, which would not require congressional approval, are a response to Silicon Valley Bank’s failure this month, which sent shocks through the financial system.…

Crypto Price Alert: BlackRock Issues Stark Fed Warning After Huge Bitcoin And Ethereum Boom

forbes.com Bitcoin , ethereum and other major cryptocurrencies have rocketed higher in the first three months of 2023—with some predicting the huge price rally could just be getting…

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…

The Financial Crisis of 2023: Protecting Big Finance, Coming and Going

nakedcapitalism.com Yves here. Gerald Epstein, who has written regularly about bank regulation and the inadequacy of “reforms” since the 2008 financial crisis, weighs in with his take on the…

Binance FUD Grows as Experts Cry ‘Operation Chokepoint 2.0’

247wallst.com Multiple news stories have simultaneously emerged about the world’s largest crypto exchange – Binance. In what light should investors view them given the ‘Operation…

House lawmakers roast regulators over failed banks

thehill.com Anger at both individual regulators and a lack of sufficient banking regulation boiled over from the Senate to the House on Wednesday, as officials from the Federal Deposit…

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…

White House pushes new rules for mid-sized banks without Congress

reuters.com WASHINGTON, March 30 (Reuters) - The Biden administration urged banking authorities to tighten regulation of mid-sized banks, which it said could be pushed through without…

Crypto Industry Struggles To Access Banking Services In The US, Report Shows

newsbtc.com Due to various factors, the crypto industry faces increasing difficulty finding banking services in the US, according to a Bloomberg report, banks have hesitated to work…

Fed Balance Sheet Dips As Deposit-Run Eases While Bankers Blast Biden's Premature Re-Regulation

zerohedge.com Fed Balance Sheet Dips As Deposit-Run Eases While Bankers Blast Biden's Premature Re-Regulation President Biden is calling on regulators to tighten the rules for mid-sized…

Piles of commercial real-estate loans at banks may be worth only 77 cents on the dollar, or less

marketwatch.com The swift collapse of Silicon Valley Bank earlier in March put a spotlight on potentially painful losses lurking at banks from trillions of dollars in commercial real-estate…

Banking Sector Wary of Crypto After Silvergate, Signature Closures

cryptopotato.com The United States banking sector is hesitant to do business with crypto firms following the closures of the nation’s most crypto-supportive financial institutions earlier…

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…

Bitcoin Is Still in Its ‘Safe Haven Period’: Analyst

coindesk.com Hear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023. Hear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at…

The Fed Raised Rates But The Economy Is Cooling: Understanding The Current Macro Situation

forbes.com The March 22 interest rate decision by the Federal Open Market Committee (FOMC) was surrounded by more uncertainty than usual, because of the new problems in the banking…

Biden skirts bank bailout backlash

politico.com “Bailout” is a dirty word in politics. But Democrats are starting to argue that the government’s recent intervention to avert a financial collapse might not be so bad for…

Janet Yellen says the Trump administration 'decimated' the Treasury's financial stability department and she's focused on repairing the 'cracks'

fortune.com Treasury Secretary Janet Yellen came out swinging in a Thursday speech at a National Association for Business Economics conference. “When the President and I took office in…