Silvergate shares jump in pre-market trading despite loss as bank well-capitalized

Silvergate Capital shares rallied despite the firm’s $1 billion fourth-quarter loss as business is intact, KBW analysts said. Shares in the La Jolla-based bank were trading around $15.60 b...

FTX US insurer Relm ‘confident’ it will remain ‘well-capitalized’

FTX US’s insurance company Relm is “well-capitalized to serve the needs of the industry” following the implosion of FTX Trading, CEO Joseph Ziolkowski said. “On the asset...