PacWest Bancorp insiders have lost more than $500,000 after buying stock as it tumbled last week

A handful PacWest Bancorp insiders, including Chief Executive Paul Taylor, bought the bank’s stock late last week after it started to tumble, as SVB Financial Group’s Silicon Valley Bank’s troubles be...

KBW recommends buying these 11 financial stocks, including First Republic, following federal backstop for banks

On a Monday following high-profile bank failures on Friday and Sunday, it may seem to be a strange time to recommend buying stocks of banks and other financial services companies, but Keefe, Bruyette ...

Credit Suisse shares fall to new record low after collapse of SVB and Signature Bank

Credit Suisse shares on Monday reached a new record low, falling as much as 9% as investors continued to hammer away at the stock of the Swiss banking giant after the collapse of banks in the U.S. Whi...

Did the Fed plant the seeds of destruction of Silicon Valley Bank?

Were the seeds of Silicon Valley Bank’s collapse planted by the Federal Reserve’s rapid rate increases? That is one of the debates ranging online over the weekend. Michael Green, chief strategist and ...

First Republic Says Everything Is Fine. Why the Stock Market Is Worried.

First Republic Bank worked to reassure clients about the safety of its business Sunday evening after the collapse of Silicon Valley Bank last week sparked fears of contagion in the banking industry. “...

SVB collapse means more stock-market volatility: What investors need to know

It’s all eyes on federal banking regulators as investors sift through the aftermath of last week’s market-rattling collapse of Silicon Valley Bank. The name of the game — and the key to a near-term ma...

What’s next for stocks after SVB collapse and as crucial inflation reading looms

Investors are preparing for the release of a U.S. consumer-price index that may show no meaningful letup in inflation, leaving few safe places to hide just as systemic risks may be growing. Coming jus...

As Silicon Valley Bank concerns grow, Yellen says she has been ‘working all weekend with our banking regulators to design appropriate policies’ to address depositors

“‘I’ve been working all weekend with our banking regulators to design appropriate policies to address the situation.’” — Treasury Secretary Janet Yellen That is Treasury Secretary Janet Yellen, speaki...

This Energy Stock Is Rocketing. Its Chairman Just Bought Shares.

Transocean stock has been on a tear, to the point where many investors would think about taking some money off the table. But Chairman Chad Deaton just bought more shares of the offshore-drilling comp...

Silicon Valley Bank CEO Greg Becker cashed out $2 million just before the collapse

The chief executive of Silicon Valley Bank SIVB, -60.41% cashed out stock and options for a $2.27 million net gain in the weeks before Friday’s collapse, public filings show. CEO Greg Becker exercised...

Hedge funds and banks offer to buy deposits trapped at Silicon Valley Bank

Hedge funds are offering to buy startup deposits at Silicon Valley Bank (SVB) for as little as 60 cents on the dollar, Semafor reported on Saturday, citing people familiar with the matter. Bids range ...

Opinion: The only market forecast that should matter to stock investors: When does the Fed decide that higher inflation is OK?

By this time last year, every stock market forecast made for 2022 was wrong. The U.S. stock market peaked on the first trading day of 2022 and went downhill from there. This year, every forecast made ...

What happened to Silvergate Capital? And why does it matter?

Silvergate Capital SI, -11.27% served as one of the main banks for the crypto industry, prior to its collapse earlier this week. The news came just a week after the firm delayed its annual report to t...

Stablecoin USDC falls below $1, faces $3.3 billion exposure to Silicon Valley Bank

USDC, a stablecoin that is supposed to trade one-to-one against U.S. dollars, has fallen below $1 on Saturday, after creator Circle said it had over $3.3 billion held at Silicon Valley Bank, which col...

“The government has about 48 hours to fix a-soon-to-be-irreversible mistake”: Bill Ackman warns some businesses may not be able to meet payroll after SVB’s failure

“The government has about 48 hours to fix a-soon-to-be-irreversible mistake. By allowingSVB Financial to fail without protecting all depositors, the world has woken up to what an uninsured deposit is ...

As Silicon Valley Bank collapses, these are the banks contrarians are buying

If the time to buy is when the blood is running in the streets—as the Baron Rothschild famously once said—then you should be buying bank stocks. That’s because Wall Street is running red with the bank...

CFTC Chair Insists Ether Is a Commodity, Not a Security as Claimed by SEC Chairman – Regulation Bitcoin News

The chairman of the Commodity Futures Trading Commission (CFTC) has insisted that ether is a commodity, not a security as claimed by the chairman of the Securities and Exchange Commission (SEC). The C...

SVB Financial CEO Greg Becker Sold $3.6 Million in Stock Nearly Two Weeks Ago

Roughly two weeks before SVB Financial Group stock collapsed and its Silicon Valley Bank unit was closed by regulators, its top executive sold millions of dollars of shares. SVB (ticker: SVB) Presiden...

Silicon Valley Bank collapse: What should you do if your bank closes down?

Silicon Valley Bank, which helps fund technology startups backed by venture-capital firms, has closed its doors. The California Department of Financial Protection and Innovation made the decision to c...

20 banks that are sitting on huge potential securities losses—as was SVB

Silicon Valley Bank has failed following a run on deposits, after its parent company’s share price crashed a record 60% on Thursday. Trading of SVB Financial Group’s SIVB, -60.41% stock was halted ear...

CFTC Chair Declares ETH A Commodity, Crypto Daily TV 10/3/2023

In Todays Headline TV CryptoDaily News: Vitalik Buterin dumps altcoins that have “no moral value.” Vitalik Buterin, a co-founder of the Ethereum blockchain, liquidated a portion of his alt...

Opinion: The stock market is telling you loud and clear: Now is not the time to fight the Fed or stand up to the bears.

The S&P 500 Index SPX, -1.85% hit resistance this week when an oversold rally failed near the 4080 level. This continues to support the idea that the index’s rise above 4100 in early February was ...

Oracle stock falls following forecast as revenue disappoints

Oracle Corp. shares recouped some of their losses in the extended session Thursday after the forecast revenue range bookended the Wall Street consensus, as the software company’s largest business unit...

Dow logs new 2023 low as bank sector tumbles, investors await monthly employment report

U.S. stocks finished sharply lower on Thursday, with the financial sector logging a sharp one-day drop, while investors awaited Friday’s February employment data that could help decide how large an in...

10 banks that may face trouble in the wake of the SVB Financial Group debacle

As interest rates have risen, many banks have become more profitable because the spreads between what they earn on loans and investments and what they pay for funding has widened. But there are always...

CFTC Chair Declares Ethereum (ETH) a Commodity, Regardless of Gary Gensler’s Bitcoin-Only Stance

The Chair of the Commodity Futures Trading Commission (CTFC) believes Ethereum (ETH) is a commodity, despite opinions to the contrary from SEC Chairman Gary Gensler. Speaking at the Senate’s Agricultu...

This fund has increased its dividend for 56 straight years. Now it’s snapping up GE.

Markets are nearing the end of a tough week, with one more hurdle to go after Fed Chairman Jerome Powell set investors straight on his willingness to go to the mat on inflation. Next up is Friday’s no...

Contradicting Gensler’s ‘Bitcoin Only’ Stance, U.S. CFTC Chief Reiterates ETH Is A Commodity ⋆ ZyCrypto

Advertisement &nbsp &nbsp The power tussle between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) over who is the top cr...

CFTC Chair Rostin Behnam Calls Ethereum a Commodity

10 seconds ago | 2 mins read Altcoin News It’s a move that pits the CFTC squarely against the U.S.SEC. Behnam has urged Congress to clarify its authority to regulate the crypto industry. In an intrigu...

Stock market could ‘take it hard’ as expectations grow for a 6% fed funds rate

U.S. stock investors are clearly not too happy with what Federal Reserve Chairman Jerome Powell has said in the past two days. And there’s reason to think they’ll get even more dissatisfied in the wee...

Datadog’s software goes down — and so does its stock

Datadog Inc.’s software suffered an outage Wednesday, and its shares declined as analysts voiced concern about a potential hit to revenue. Datadog DDOG, -3.80% first notified customers that engineers ...

Fed may stutter-step at end of interest rate hiking cycle for first time since 1990

U.S. financial markets are taking a more cautious approach as they forecast future Federal Reserve interest-rate decisions after Chair Jerome Powell said policymakers will likely need to raise interes...