Problems at Switzerland’s second-biggest lender are causing bank stocks around the world to falter. On Wednesday, Credit Suisse ‘s top shareholder said in a Bloomberg interview that it wouldn’t invest...
Tag: Fears
Dow Jones Dives 500 Points On Renewed Banking Fears As Credit Suisse Crashes 28%
The Dow Jones Industrial Average dived more than 500 points Wednesday, as Credit Suisse (CS) crashed 28% on reports the company’s largest investor, Saudi National Bank, withdrew funding. Meanwhi...
SVB Financial Contagion Fears Go Global
China Last Night KraneShares Key News Asian equities curbed yesterday’s enthusiasm driven by China’s positive policies following the National People’s Congress as SVB’s collapse crushed Asian in...
Biggest Plunge in Bond Yields Since Volcker Era on Bank Fears
(Bloomberg) — The shift in short-term interest rate markets Monday was unlike almost anything seen for more than four decades, including even the 2008 financial crisis and the aftermath of the S...
First Republic stock falls 62% amid fears of regional bank contagion
First Republic Bank (FRC) shares fell a record 62% on Monday to close at $31.21 each, despite measures by U.S. regulators to shore up confidence in the banking system following the collapse of Silicon...
Credit Suisse default insurance cost hits all-time high as contagion fears spread
After three banking giants, Silvergate Bank, Silicon Valley Bank (SVB), and Signature Bank, all crashed within days of each other, the cost of insuring the bonds of Credit Suisse against the lender de...
Dow Jones Falls On SVB Rescue Plan; First Republic, Charles Schwab Crash On Bank Fears
The Dow Jones Industrial Average dropped Monday, as global markets grappled with the ongoing crisis among U.S. banks. The FDIC and other financial regulators guaranteed all deposits of SVB Financial (...
First Republic stock down 65% amid fears of regional bank contagion
First Republic Bank’s (FRC) shares tanked a record 67% and were halted for volatility, leading regional lenders lower, despite measures by U.S. regulators to shore up confidence in the banking system ...
First Republic Bank stock down 65% amid fears of regional bank contagion
First Republic Bank’s (FRC) shares tanked a record 67% at the market open on Monday and were halted for volatility, despite measures by U.S. regulators to shore up confidence in the banking system fol...
21 housing market statistics as the world fears a crash
This past year or so, for the first time in a long time, has people talking about the housing market going backwards. I published a piece last November about why I believe that, while this is a justi...
Insolvency fears led many to turn to other stablecoins, sell USDC at a major discount
Several USD Coin (USDC) holders have fled to other stablecoins since March 10 amid fears surrounding its solvency following the disclosure that a small portion of USDC’s collateral was held at S...
TMS Network (TMSN) Disrupts Trading Industry with Innovative Ideas, While Tether Emerges as Leading Stablecoin as BTC Faces Rate Fears
Advertisement     Join us as we explore the two players revolutionizing cryptocurrency investment: Tether (USDT) and Bitcoin, and learn about the revolution that TMS N...
Central Bank of Bolivia Selling Dollars Directly to Citizens as Devaluation Fears Rise – Economics Bitcoin News
The Central Bank of Bolivia is now selling dollars directly to citizens in order to curb what it is calling a speculative attack that has increased the demand of the population for foreign currency. T...
Biggest Bank Failure Since Great Recession Sparks ‘Overblown’ Fears Of Contagion—But Big Lingering Risks Remain
Topline The sudden collapse of startup lender Silicon Valley Bank—which has culminated in the biggest bank failure since the Great Recession—has wreaked havoc on stocks and sparked fears of a potentia...
Bank stocks plummet as fears over US lender sparks selloff
Banking stocks have plunged after concerns were triggered by a struggling US lender – Daniel LEAL / AFP Stock markets have plunged in London and across Europe as concerns over the US banking sec...
Community Fears Exploit As Hedera Halts Wallet And App Access
The Hedera network has stopped all access to its wallet and app as it investigates technical irregularities, which could be due to a possible exploit in its smart contracts. As a result of this actio...
Investors dump US bank shares amid fears over value of bond portfolios
Investors wiped $52.4bn off the market value of the four largest US banks by assets on Thursday amid a widespread sell-off of financial stocks that analysts linked to investor fears over the value of ...
Feds consolidate 40k BTC, prompting fears of imminent sell-off
Ad It seems that around 40,000 Bitcoin held in wallets linked to law enforcement seizures in the United States are currently being transferred, according to new data by Glassnode, a blockchain analyti...
U.S. Government Moves $1B of Seized Silk Road BTC, Prompting Liquidation Fears
Key Takeaways A wallet associated with seized Silk Road funds moved $1.08 billion in BTC. The address moved 39,174 BTC to two new wallets, and 9,825 BTC to a wallet reportedly belonging to Coinbase. T...
How High Will Fed Raise Rates? Powell Fuels Fears Rates Could Hit 6%
Topline One day after Federal Reserve Chair Jerome Powell caught investors off guard by striking a more hawkish tone than expected, the central banker is set to give the U.S. House additional details ...
Bitcoin Belted by Rate Fears
Bitcoin fell to a three-week low Wednesday as Federal Reserve Chairman Jerome Powell’s hawkish testimony to the U.S. Senate Banking Committee on Tuesday spurred traders to price in a higher R...
Peak-Oil Fears Cast Shadow Over US Supply Outlook as Costs Climb
(Bloomberg) — The specter of peak oil that haunted global energy markets during the first decade of the 21st century is once again rearing its head. Most Read from Bloomberg Major US oil produce...
Fears over Silvergate, $8B hole at FTX, Binance’s numbers sought
Top Stories This Week Silvergate stock plunges after delayed filing raises doubts over future Silvergate made headlines this week after postponing the filing of its annual 10-K financial report, raisi...
Silvergate’s Big Crypto Losses Feed Watchdogs’ Worst Fears
(Bloomberg) — For months, US authorities have been racing to sever ties between banks and risky crypto ventures, worried the financial system could someday suffer serious losses. They may have b...
Silvergate’s Worsening Crypto Losses Feed Watchdogs’ Worst Fears
(Bloomberg) — For months, US authorities have been racing to sever ties between banks and risky crypto ventures, worried the financial system could someday suffer serious losses. They may have b...
Brazil’s Petrobras Sinks on Fears It Will Cut Dividends, Subsidize Fuel
(Bloomberg) — Brazil’s state-controlled oil company Petrobras sank on growing concerns that it will slash dividends and start subsidizing fuel under President Luiz Inacio Lula da Silva. Most Rea...
Stocks Post Subpar February Amid Fears Of Higher Interest Rates And Weak Earnings
Topline Major stock indexes fell this month as Wall Street digested the latest round of corporate earnings and reacted to growing expectations the Federal Reserve may hike interest rates higher than a...
Bitcoin Dips Following New Federal Reserve Fears
Bitcoin incurred a bit of a fall at the end of January after it was revealed that the Federal Reserve was going to potentially enforce another small rate hike. Everyone was on edge after the ongoing d...
Ether, bitcoin track Nasdaq, S&P declines as new data keeps inflation fears in focus
Crypto and traditional assets sank after U.S. data showed inflation persisting. Bitcoin traded down about 1.5% to $23,785 at 8:45 a.m. EST, while ether fell about 1% to around $1,639. The...