The unexpected demise of Signature Bank over the weekend, on the heels of the failure of Silicon Valley Bank, ignited a shoot-first-and-ask-questions-later reaction among regional-bank investors as cu...
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First Republic Bank’s stock slides amid continuing jitters about regional banks
First Republic Bank stock losses grew steeper in premarket trades as fears persisted of another run on the bank after the failure of SVB Financial and Silvergate last week. First Republic Bank stock F...
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...
Citi has just cut its rating on U.S. stocks to underweight. Here’s why and what it prefers.
While leading indicators seem to be suggesting both that the U.S. economy is headed for a downturn and that price pressures are cooling, the Federal Reserve seems determined to wait until CPI falls fu...
Analysts see lowest grades for Bank of America and JPMorgan in Fed’s stress test
Bank of America Corp. and JPMorgan Chase & Co. emerged with the lowest marks among the overall passing grade for banks in the Fed’s annual stress test, analysts at Jefferies and Citigroup said Fri...
Citigroup’s Adjusted Earnings Top Expectations. But the Stock Is Falling.
Text size A ‘Citi’ sign is displayed outside Citigroup Center near Citibank headquarters in Manhattan Mario Tama/Getty Images Citigroup stock was falling Friday even after the bank’s fourt...
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...