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Declines in Loan Values Are Widespread Among Banks
When Silicon Valley Bank collapsed last month, the core problem was a giant hole in its bond portfolio. When depositors started fleeing First Republic Bank soon
Why Brokerage Accounts Are So Generous Right Now
Markets Personal Finance Betterment, Wealthfront and others now offer higher returns and more protection than most bank accounts Source link
After Credit Suisse, Chinese Banks Aren’t a Great Safe Harbor
Markets Heard on the Street Shares of Chinese lenders are cheap for good reason Source link
Apartment-Building Sales Drop the Most in 14 Years
Interest-rate increases and banking turmoil push down demand for multifamily buildings. Source link
Frank Founder Faces Criminal Fraud Charges Over JPMorgan Deal
Markets Finance Prosecutors say college financial-aid company executive lied about her customer count to land $175 million deal Source link
Credit Suisse Chairman: 'I Am Truly Sorry'
Shareholders at the bank’s final annual meeting expressed their anger toward management and the board for failing to save the storied institution. Source link
Jamie Dimon on Banking Turmoil: 'This Wasn't the Finest Hour for Many Players'
The JPMorgan CEO says regulations need tweaking following the failures of Silicon Valley Bank and Signature. Source link
Signature Bank Insiders Sold $100 Million in Stock During Crypto Surge
Sales went largely unnoticed by investors due to securities rules and filing method. Source link
Saudi-Led Oil Producers to Lower Output Further
The new cuts are expected to total more than a million barrels a day, a surprise move that led to a jump in crude prices.
Swiss Prosecutors Probe State-Backed Credit Suisse Takeover by UBS
The federal prosecutor has reached out to national and local authorities to analyze and identify if any criminal offenses took place. Source link