Stocks Slip, Barr Testimony, Lyft Leaps, Occidental Buffett Boost, Alibaba Plans Split

thestreet.com Stock futures slip lower as bank sector worries clip sentiment; Fed supervisor Barr to face Senate lawmakers on SVB collapse; Lyft shares leap as founders step aside for new…

Coming Recession, Charting Yield Curves, Fed, Yellen's Gaffe, Week Ahead

thestreet.com What it is that I think some of us are feeling as time molds Monday morning out of what was Sunday night just a few hours ago, was or is the lack of some urgent crisis…

Gold prices dip from $2,000, banking crisis in focus

investing.com Investing.com -- Gold prices retreated on Monday as traders locked in profits after a strong run of gains, but remained near key levels hit last week as fears of a global…

Sen. Mark Warner says he’ll return Silicon Valley Bank donations if evidence of ‘malfeasance’

foxbusiness.com Sen. Mark Warner, D-Va., on Sunday said he would return donations he received from the failed Silicon Valley Bank if there was evidence of "malfeasance" uncovered at…

Credit Suisse Faces Possible Disciplinary Proceedings, Swiss Regulator Says

benzinga.com Switzerland's Financial Market Supervisory Authority (FINMA) will probe Credit Suisse Group AG CS bank and potentially take disciplinary action against the financial…

Video: Deutsche Bank leads fresh tumble for bank stocks

theglobeandmail.com Banking stocks fell sharply in Europe on March 24 with heavyweights Deutsche Bank and UBS Group hit hard by worries that the worst problems in the sector since the 2008…

Oil Updates

arabnews.com LONDON: Oil prices fell sharply on Friday amid declining European banking shares and after US Energy Secretary Jennifer Granholm said refilling the country’s Strategic…

Deutsche Bank Tumbles, Default Protection Costs Spike As U.S. Bank Crisis Spreads To Europe

thestreet.com Deutsche Bank, one of Europe's biggest lenders, is getting pounded Friday as traders price-in major risks from an expanding U.S. banking crisis. Deutsche Bank (DB) - Get…

Deutsche Bank and UBS shares hammered as banking fears keep tight grip

reuters.com [1/3] Deutsche Bank logo and decreasing stock graph are seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration/File Photo March 24 (Reuters) -…

Oil slides as U.S. holds off refilling strategic reserve

theglobeandmail.com Oil prices fell sharply on Friday amid declining European banking shares and after U.S. Energy Secretary Jennifer Granholm said refilling the country’s Strategic Petroleum…

Stocks Slump, Fed Borrowing, Deutsche Bank Tumbles, Block Hits Back, Do Kwon Indictment

thestreet.com Stock futures slump as bank crisis spreads into Europe; Banks borrow $164 billion from Fed amid acute funding stress; Deutsche Bank shares tumble as default risk spikes amid…

Citigroup CEO says banking system ‘pretty sound’ after failures of Silicon Valley Bank, Signature Bank

foxbusiness.com Citigroup Inc CEO Jane Fraser argued Wednesday that the failures of Silicon Valley Bank and Signature Bank earlier this month are not a sign of wider problems within the…

Stocks Nudge Higher, Yellen 'Blanket', Coinbase On Notice, Swiss Hike, Boeing Deal

thestreet.com Stock futures nudge higher as Fed hints at rate hike pause; Yellen says no plan for 'blanket' bank deposit insurance' from Treasury; Coinbase shares tumble after crypto…

Credit Suisse hires Southeast Asia wealth vice chairman

investing.com Credit Suisse said on Thursday it has hired private banker Kwong Kin Mun as its new vice chairman for Southeast Asia wealth management. The embattled bank is being bought by…

First Republic shares fall as Yellen says not considering 'blanket insurance' on bank deposits

yahoo.com A "bull case" scenario for the shares of beleaguered First Republic Bank as it considers its options became more difficult on Wednesday after Treasury Secretary Janet Yellen…

First Republic shares fall sharply as Yellen says Treasury will not insure all deposits

investing.com As beleaguered (NYSE: ) considers its options, Treasury Secretary Janet Yellen said on Wednesday there is no discussion on insurance for all deposits, making a "bull case"…

First Republic shares drop 11 per cent as Yellen says Treasury won’t insure all deposits

theglobeandmail.com As beleaguered First Republic Bank FRC-N considers its options, Treasury Secretary Janet Yellen said on Wednesday there is no discussion on insurance for all deposits,…

UBS Offers Bond Buyback To Soothe Concerns on Deal’s Risk

yahoo.com UBS Group AG is offering to buy back bonds that were issued days before it agreed to take over troubled rival Credit Suisse Group AG, a deal that sent a gauge of its credit…

First Republic could rally if FDIC insures deposits -analyst

reuters.com As beleaguered First Republic Bank (FRC.N) considers its options, analysts at Morgan Stanley say there is a "bull case" for the stock if regulators insure customer deposits…

Fed Rate Preview: Powell Faces Tough Choice Between Inflation Fight, Bank Sector Stability

thestreet.com Jerome Powell faces the toughest choice of his Fed career later today as he seeks to thread the needle between fighting inflation and easing the current bank crisis. The…

UBS buys back nearly US$3-billion worth of bonds issued days ago

theglobeandmail.com UBS Group UBS-N said on Wednesday it would buy back €2.75-billion ($2.96-billion) worth of debt it sold just days ago, seeking to boost confidence among investors rattled by…

UBS buys back nearly $3 billion in bonds issued under a week ago

investing.com UBS Group said on Wednesday it would buy back 2.75 billion euros ($2.96 billion) worth of debt it issued less than week ago, seeking to boost confidence among investors…

UBS buys back nearly $3 bln in bonds issued under a week ago

reuters.com said on Wednesday it would buy back 2.75 billion euros ($2.96 billion) worth of debt it issued less than week ago, seeking to boost confidence among investors rattled by its…

Binance CEO: Why Do The Same Banks Keep Falling?

bitcoinist.com In the wake of Credit Suisse’s crisis, Changpeng Zhao, the CEO of Binance, in a tweet on March 20, questioned the constant failures of banks and the regular, yet costly,…

The rescue of Credit Suisse and failure of three U.S. lenders may not mean the worst is over in the banking industry

theglobeandmail.com A sense of dread has infiltrated the banking industry. It should be an alien emotion, given banks’ general rude good health. They are much better capitalized and regulated…

Why is Bitcoin rising amid collapsing banks? Watch The Market Report

cointelegraph.com This week on The Market Report, our beloved host, Joe Hall, and insightful expert, Sam Bourgi, unfortunately, could not make it, but don’t worry because Marcel Pechman is…

Bank Update: First Republic Leads Five Rising Bank Stocks

investors.com Bank stocks jumped into an uneven rebound Tuesday, continuing to swing wildly as regulators work to shore up the financial sector. First Republic Bank (FRC) led the morning…

Stocks Higher, Deposit Guarantees, Nvidia AI, Tesla Upgrade, Nike Earnings

thestreet.com Stock futures add to gains as bank crisis concerns ease; Treasury Said To Mull Expanded U.S. Bank Deposit Guarantees; Nvidia CEO Jensen Huang set for keynote address on AI…

Credit Suisse gold bars, vintage swag for sale after UBS merger deal

nypost.com Within hours of its state-backed takeover by UBS Group being announced, memorabilia bearing lender Credit Suisse’s name and logo was being put up for sale in Switzerland,…

Asian stocks rise but bank fears, Fed uncertainty limit gains

investing.com Investing.com -- Most Asian stocks rose on Tuesday as regulatory measures to stabilize the banking sector helped somewhat reassure investors, although fears of a potential…

Credit Suisse CEO Claimed Bitcoin Was a ‘Bubble’: Now Bank Sold To Survive

watcher.guru The former CEO of Credit Suisse, Tidjane Thiam remained to be a fierce critic of Bitcoin and the overall cryptocurrency markets. Time and again, Thiam called Bitcoin a…

Analysis: Safe-havens and risk assets both rise as banking woes shift Fed expectations

reuters.com Worries over the banking crisis are boosting disparate assets, with traditional safe-havens such as gold, Treasuries and money markets seeing high demand along with more…

Existing home sales, Nike earnings, GameStop: 3 things to watch By

investing.com Investing.com -- Stocks rallied on Monday after the weekend's rescue of (NYSE: ) by UBS Group (NYSE: ) with the backing of Swiss regulators, a move that aimed to restore…

Central banks are caught between a rock and a hard place

theglobeandmail.com For the past year, central banks including the Bank of Canada have fought to get inflation under control with single-minded determination. Over the past week, they’ve added…

Market Extra: Law firm in talks with Credit Suisse bondholders about potential lawsuit after $17 billion wipeout

marketwatch.com A white-shoe law firm is working with Credit Suisse bondholders to pursue “possible legal actions” after the value of convertible bonds issued by the bank was written down…

First Republic Bank shares sink to another record low, but stock markets are calmer

npr.org First Republic Bank shares sink to another record low, but stock markets are calmer NEW YORK/BERLIN – First Republic Bank shares sank more than 45% to another record low on…

Oil prices extend their decline after biggest weekly drop of 2023

marketwatch.com Oil futures remained under pressure Monday, failing to find support after logging their biggest weekly drop of 2023 as banking jitters stoked recession fears. “Broader…

First Republic shares tumble again as liquidity worries linger; peers rebound

investing.com Shares of (NYSE: ) extended a recent slump on Monday with a 15% drop, after a report the regional bank could raise more money fanned worries about its liquidity despite a…

Bank shares rise after Credit Suisse rescue eases crisis

reuters.com U.S. banking stocks rose on Monday and Europe's lenders recovered from a sharp early sell-off after UBS Group's state-backed takeover of Credit Suisse appeared to close off…

6 big analyst calls today: UBS gets mixed reaction after Credit Suisse

investing.com Investing.com -- Here is your daily Pro Recap of the biggest analyst rating changes you may have missed on since Friday’s close. UBS Group (SIX: ) received one analyst…

UBS Buys Failing Credit Suisse: Will It Cause a Fed Pause?

marketbeat.com New "Living Missile" to Replace Nuclear Missiles (From Behind the Markets) Swiss banking giant UBS (NYSE: UBS) has acquired its troubled competitor Credit Suisse (NYSE: CS)…

Credit Suisse dies, Fed safety net, Xi visits Putin

investing.com Investing.com -- collapses into the arms of local rival UBS in a $3 billion deal that rattles bondholders by wiping out $17B in junior debt, forcing European supervisors to…

First Republic Bank shares fall as private placement report stirs fresh liquidity fears

theglobeandmail.com Shares of First Republic Bank FRC-N slumped 16 per cent on Monday, leading losses among U.S. lenders in premarket trading, after a report the regional bank could raise more…

First Republic Stock Nears Record Low On S&P Downgrade, Regional Bank Crisis Pressures

thestreet.com Reports of a possible share sale, and a second ratings downgrade deeper into 'junk' status, has First Republic trading firmly lower Monday. Frist Republic (FRC) - Get Free…

Truist Financial has reduced its price target on Fidelity National Information Services (NYSE:FIS) to $56.00

beststocks.com In a report made public on Thursday, research analysts at Truist Financial lowered their price target for Fidelity National Information Services (NYSE: FIS). This…

First Republic shares fall as private placement report stirs fresh liquidity fears

reuters.com slumped 16% on Monday, leading losses among U.S. lenders in premarket trading, after a report the regional bank could raise more money fanned worries about its liquidity…

FDIC Announces Sale of Signature Bank Assets to New York Community Bancorp

coinspeaker.com Coinspeaker FDIC Announces Sale of Signature Bank Assets to New York Community Bancorp On Sunday, March 19, the Federal Deposit Insurance Corporation announced that Flagstar…