BANK and FINANCE News / Trending
Deposits in small US Banks fell to a record
The collapse of Silicon Valley Bank (SVB) has had a record impact on deposits at small US banks, according to a new report released by the US Federal Reserve.
The collapse of Silicon Valley Bank (SVB) has had a record impact on deposits at small US banks, according to a new report released by the US Federal Reserve.
Read moreBreaking News: First Citizens Bank acquires $72bln in Assets of Silicon Valley Bank
The recent sale and purchase agreement between Silicon Valley Bank (SVB) and First Citizens Bank & Trust could be a potential game-changer for the market.
The recent sale and purchase agreement between Silicon Valley Bank (SVB) and First Citizens Bank & Trust could be a potential game-changer for the market.
Read moreCryptocurrency Companies Massively Rush to Switzerland
The recent collapse of two major banks has sent shockwaves through the cryptocurrency industry, putting a spotlight on the difficulties that companies have faced when seeking traditional banking services.
The recent collapse of two major banks has sent shockwaves through the cryptocurrency industry, putting a spotlight on the difficulties that companies have faced when seeking traditional banking services.
Read moreValley National and First Citizens want to buy Silicon Valley Bank
The recent collapse of Silicon Valley Bank (SVB) has resulted in a potential bidding war between Valley National Bancorp and First Citizens BancShares Inc.
The recent collapse of Silicon Valley Bank (SVB) has resulted in a potential bidding war between Valley National Bancorp and First Citizens BancShares Inc.
Read moreThe Global IPO Market is overshadowed by High Interest Rates and Bank volatility
The global initial public offering (IPO) market appears to be in a slump, with companies raising only $19.7 billion through IPOs in the first few months of 2023, down 70% year-on-year and the lowest since 2019.
The global initial public offering (IPO) market appears to be in a slump, with companies raising only $19.7 billion through IPOs in the first few months of 2023, down 70% year-on-year and the lowest since 2019.
Read moreAmericans withdraw $100 billion deposit from Banks
The US banking industry is currently facing a turbulent time, as the country sees the failure of three big banks in a row. This has led to a wave of panic among depositors who are worried about the safety of their funds.
The US banking industry is currently facing a turbulent time, as the country sees the failure of three big banks in a row. This has led to a wave of panic among depositors who are worried about the safety of their funds.
Read moreBank of England raises Interest Rates by 25 basis points
The Bank of England (BoE) recently made the decision to raise interest rates by 25 basis points to combat high inflation and concerns surrounding the UK banking system.
The Bank of England (BoE) recently made the decision to raise interest rates by 25 basis points to combat high inflation and concerns surrounding the UK banking system.
Read moreBreaking News: Swiss Central Bank raises Interest Rates by 50 basis points
The Swiss Central Bank has raised interest rates by 50 basis points to 1.5% on March 23, making it the fourth interest rate hike in a row.
The Swiss Central Bank has raised interest rates by 50 basis points to 1.5% on March 23, making it the fourth interest rate hike in a row.
Read moreCredit Suisse bailout drags Bank Stock Prices down
On March 20, bank shares fell as the announcement of the government-backed rescue of Credit Suisse raised new concerns about the banking sector.
On March 20, bank shares fell as the announcement of the government-backed rescue of Credit Suisse raised new concerns about the banking sector.
Read moreA large portion of Signature Bank is set to be acquired by New York Community Bank
New York Community Bank (NYCB) has recently agreed to acquire a substantial portion of Signature Bank in a $2.7 billion deal, according to the Federal Deposit Insurance Corporation (FDIC).
New York Community Bank (NYCB) has recently agreed to acquire a substantial portion of Signature Bank in a $2.7 billion deal, according to the Federal Deposit Insurance Corporation (FDIC).
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