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Britain's John Lewis has lost its soul, says Mary Portas By Reuters
Stock Market

US bank deposit outflows decelerated in second week after SVB collapse By Reuters

© Reuters. FILE PHOTO: The Silicon Valley Bank branch office is pictured in downtown San Francisco, California, U.S., March 13, 2023. REUTERS/Kori Suzuki/File Photo (Reuters)

Finances

Analysis-US bank supervision needs more speed, transparency in wake of SVB debacle, critics say By Reuters

© Reuters. Federal Reserve Board Vice Chair for Supervision Michael Barr testifies before a House Financial Services Committee hearing on the response to the recent

US Federal Reserve watchdog launches probe of SVB supervision By Reuters
Stock Market

US Federal Reserve watchdog launches probe of SVB supervision By Reuters

© Reuters. FILE PHOTO: A customer is escorted into the Silicon Valley Bank headquarters in Santa Clara, California, U.S., March 13, 2023. REUTERS/Brittany Hosea-Small/File Photo

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

Fed’s Barr says first learned of risks at SVB weeks before it failed By Reuters

© Reuters. Federal Reserve Board Vice Chair for Supervision Michael S. Barr testifies at a Senate Banking, Housing and Urban Affairs Committee hearing on “Recent

SVB, Signature Depositors Won’t Lose Their Money. What Happens if Another Bank Fails?
Finances

SVB, Signature Depositors Won’t Lose Their Money. What Happens if Another Bank Fails?

Markets Regulators say they would take similar actions if they think another bank collapse would jeopardize financial system Source link

Freeport-McMoRan (FCX) Declares $0.08 Dividend
Stock Market

How to Tap the SVB Mess for Big Payouts (up to 8.2%)

There’s a “delayed reaction” dividend play (for tax-free 5% yields) waiting for us in municipal bonds right now–and it’s not going to last. I know,

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

European banks default-risk indicator jumps, AT1 bonds fall By Reuters
Finances

After SVB sale, White House says banking system is ‘safe’ By Reuters

© Reuters. FILE PHOTO: General view of the White House in Washington April 26, 2015. REUTERS/Joshua Roberts WASHINGTON (Reuters) -The White House said on Monday

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

Dow futures rise 185 pts; First Citizens
Stock Market

U.S. stocks were rising after deal for SVB eases worries about banks By Investing.com

© Reuters. By Liz Moyer Investing.com — U.S. stocks were mostly rising as banking stocks regained ground after the weekend deal for deposits and assets