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To Some Investors, Banks Look Like Bargains
Finances

To Some Investors, Banks Look Like Bargains

Markets Finance Some see ‘once-in-a-decade’ buying opportunity after recent turmoil Source link

First Citizens Adds to Its Collection of Failed Banks With SVB Purchase
Business

First Citizens Adds to Its Collection of Failed Banks With SVB Purchase

The deal gives the North Carolina bank $219 billion in assets. Three years ago, it had $42 billion. The SVB purchase will give First Citizens

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

Japan banks’ holdings of Credit Suisse AT1 bonds small

© Reuters. FILE PHOTO: Japan Prime Minister Fumio Kishida meets with Ukraine’s President Volodymyr Zelenskiy, amid Russia’s attack on Ukraine, in Kyiv, Ukraine March 21,

Carolina Lender Sees Opportunity in Silicon Valley Bank, With Assurances From Uncle Sam
Finances

Carolina Lender Sees Opportunity in Silicon Valley Bank, With Assurances From Uncle Sam

Markets Heard on the Street First Citizens, no stranger to acquiring banks, gets a good deal thanks to guarantees from the FDIC Source link

Deutsche Bank Stock Price Rebounds Even as Worries Persist
Finances

Deutsche Bank Stock Price Rebounds Even as Worries Persist

The lender sought to reassure investors with a refreshed presentation of financial numbers. Source link

First Citizens Adds to Its Collection of Failed Banks With SVB Purchase
Finances

First Citizens Adds to Its Collection of Failed Banks With SVB Purchase

The deal gives the North Carolina bank $219 billion in assets. Three years ago, it had $42 billion. The SVB purchase will give First Citizens

Fed Official Calls Silicon Valley Bank Failure a ‘Textbook Case of Mismanagement’
Business

Fed Official Calls Silicon Valley Bank Failure a ‘Textbook Case of Mismanagement’

Markets Financial Regulation Michael Barr, the Federal Reserve’s vice chairman for supervision, says the bank didn’t manage its risks Source link

Fed Official Calls Silicon Valley Bank Failure a ‘Textbook Case of Mismanagement’
Finances

Fed Official Calls Silicon Valley Bank Failure a ‘Textbook Case of Mismanagement’

Markets Financial Regulation Michael Barr, the Federal Reserve’s vice chairman for supervision, says the bank didn’t manage its risks Source link

CFTC Sues Binance Holdings in Chicago Federal Court
Finances

CFTC Sues Binance Holdings in Chicago Federal Court

The Commodity Futures Trading Commission alleges the operator of the world’s largest cryptocurrency exchange violated U.S. rules that require futures and other derivatives to be

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

China banks concerned about credit ratings in debt overhauls By Reuters

© Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, the central bank (PBOC), in