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…

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…

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,…

This week in Bidenomics: Shh! Don’t upset the banks!

yahoo.com After Silicon Valley and Signature banks failed in early March, banking regulators swooped in to bail out depositors and stop a couple of isolated bank runs from swamping…

Don’t trust arsonist Janet Yellen to put out US banking fires

nypost.com Treasury Secretary Janet Yellen knows just what our ailing banking system needs: more regulation! It’s time “to repair the cracks in the regulatory perimeter that the recent…

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…

Therese Poletti's Tech Tales: The days of money-losing tech startups getting funded because VCs liked their founder is over

marketwatch.com For more than a decade in Silicon Valley, ambitious tech entrepreneurs have received billions from a flush venture-capital community to fund companies, many with…

With the Feds, It's the Fox Guarding the Henhouse

mises.org Bob is joined by guest Peter St. Onge to discuss how SVB's CEO, as well as Bernie Madoff, had key positions advising the Fed and SEC. Then they discuss how we should think…

Large US Banks Saw Record Deposit Outflows Last Week, Small Bank Outflows Stall

zerohedge.com Large US Banks Saw Record Deposit Outflows Last Week, Small Bank Outflows Stall The Fed just released its weekly commercial bank data dump showing deposit inflows/outflows.…

Bitcoin & Bullion Soar In Q1 As The Dollar Dumps, Banks Battered, Big-Tech Booms

zerohedge.com Bitcoin & Bullion Soar In Q1 As The Dollar Dumps, Banks Battered, Big-Tech Booms Q1 2023 - and even more specifically the month of March - can be summarized with one simple…

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…

Dow jumps 400 points to end tumultuous first quarter as markets move on from bank crisis

businessinsider.com Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, New York, U.S., March 10, 2020. Andrew Kelly/Reuters US stocks jumped on Friday, ending the…

Stock market today: Dow ends March higher on easing inflation, tech rally By

investing.com Investing.com -- The Dow closed higher Friday, notching a monthly gain, led by growth stocks including tech as signs of cooling but still-elevated inflation pushed Treasury…

Fed lending to banks slows in sign financial turmoil is easing

foxbusiness.com U.S. banks reduced their reliance on two different programs this week, a sign that recent turmoil within the financial industry may be starting to fade. The shows that banks…

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…

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…

Why Schwab, a Financial Giant, Got Hurt in the Regional Banks Panic

nytimes.com Since March 8, when Silicon Valley Bank startled investors by saying it needed to raise cash, shares of Schwab have plummeted 31 percent. Like Silicon Valley Bank, the…

The State of Bitcoin as It Approaches $30,000: Santiment

cryptopotato.com Bitcoin is on the brink of re-emerging above $30,000 for the first time since June 2022. As excitement abounds, how are indicators looking for the asset both on and off…

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…

'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…

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…

How the FDIC has set a ‘baseline’ for troubled commercial real estate

marketwatch.com A bank failure can happen in the blink of an eye, but in the case of Silicon Valley Bank, the aftermath is taking longer to play out. And the Federal Deposit Insurance…

Community bank CEO: ‘Congress must raise the bank deposit insurance limit to $10 million’

yahoo.com Earlier this month, as Silicon Valley Bank and Signature Bank failed in rapid succession, federal regulators took the extraordinary measure of waiving the Federal Deposit…

Why so many banks seem to fail on Fridays

cnn.com Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. Everyone loves Fridays. Unless you’re…

The next market trend could be ‘bigger’ than SVB, expert says

foxbusiness.com While the Federal Reserve’s favorite inflation gauge indicated signs of cooling in its latest report, market experts reacting to the data warned of looming volatility…

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…

White House calls on federal banking agencies to reverse Trump administration's regulatory rollbacks

cnn.com The Biden White House is calling on federal banking regulators to institute a number of changes intended to provide more oversight on large regional banks and reduce the…

The banking crisis will have 'a long tail' as risks move to economic from financial contagion, Mohamed El-Erian says

businessinsider.com Mohamed El-Erian REUTERS/Fred Prouser Risks have shifted from financial to economic contagion, Mohamed El-Erian said. The lending crunch caused by the bank crisis will drag…

Banks stuffed underwater bonds in a sock drawer

semafor.com When a bank makes a loan, accountants assign it one of two labels. “Held to maturity” loans don’t have to be valued daily, since the bank isn’t planning to sell them. But…

Financial And Academic Experts See End To Federal Reserve Interest Rate Hikes, Inflation

forbes.com Investors must see through a fog of emotion and bursts of news to place their bets on where inflation and the Federal Reserve are going next. On March 10, just such a news…

Shares and bonds ride high after soothing euro zone data

reuters.com [1/3] A stock broker looks at his screens at the stock exchange in Frankfurt, Germany, March 16, 2023. REUTERS/Kai Pfaffenbach/File Photo LONDON, March 31 (Reuters) - From a…

San Francisco Fed leader Daly likely not a major player in SVB saga, officials say

cnbc.com San Francisco Fed President Mary Daly, whose district saw the second-largest bank failure in U.S. history and who has become a target of criticism, would not have typically…

Silicon Valley Bank: What we learned, what’s next after the collapse

foxbusiness.com The collapse of Silicon Valley Bank has prompted scrutiny among federal regulators and lawmakers in Congress about what went wrong and raised questions regarding what…

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…

Here's Why People Are Blaming Smartphones and Social Media for the Bank Collapse

thestreet.com Finance gurus point to technology as a bank run panic percolator. SVB wouldn’t argue. It turns out that Superman isn’t the only high-profile supernova that flies at the…

It's the U.S., not Europe's banking system that's a concern, top economists say

cnbc.com Europe learned its lessons after the financial crisis and is now in a strong position to weather further stress in its banking system, several economists and policymakers…

The new bull market in stocks has begun as history shows the bear narrative is coming apart, Fundstrat says

businessinsider.com Wolf of Wall Street trailer The new bull market in stocks has begun, according to Fundstrat's Tom Lee. Lee pointed to waning volatility stemming from SVB and other bullish…

GCC banks to see ‘limited impact’ from global banking worries prompted by SVB collapse: Kamco

arabnews.com RIYADH: Banks in the Gulf Cooperation Council region are set to see a limited impact from the banking crisis hitting the US and Europe, according to a report from Kamco…

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…

If You Think The Banking Issues Are One And Done, Think Again!

forbes.com The banking chaos appears to have calmed somewhat this week with no new banks targeted for deposit outflows. The chart shows that, as of close of business on Thursday, March…

FDIC chair Gruenberg gets heat from lawmakers over bargain basement SVB deal

fortune.com Transformational acquisitions are often a tough sell on Wall Street, particularly when the assets purchased are of dubious quality. The morning after UBS revealed it was…

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)…

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…

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…

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…

U.S. stock futures pause ahead of release of Fed's preferred inflation measure

marketwatch.com U.S. stock index futures paused on Friday after two days of strong gains as traders awaited the latest data on inflation. On Thursday, the Dow Jones Industrial Average DJIA,…

Has Bitcoin Benefited From the Banking Crisis? Not in the Way Its Fans Hoped

nytimes.com Has Bitcoin Benefited From the Banking Crisis? Not in the Way Its Fans Hoped. Bitcoin’s price has soared since banks failed this month, but there’s little evidence that 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…

Is Jamie Dimon the most powerful person in finance?

businessinsider.com Finally... Friday Dan DeFrancesco in NYC, and we've got an update on the "cocaine hippos." First, I need your help. I'm collecting readers' questions that I'll answer in…