‘Democrats, led by Warren and Porter, unveil bill to repeal Trump-era bank law’ -NBC News
https://www.nbcnews.com/politics/congress/svb-collapse-warren-porter-unveil-bill-repeal-trump-bank-law-rcna74785
Jim Cramer Named Signature Bank Among His Top Banking Stocks: Did ‘Reverse Midas Touch’ Strike Again?
Regional banks have been in the spotlight after the collapse of SVB Financial (NASDAQ: SIVB) last week. Many of the regional bank stocks began Monday trading down by double digits.
USD Coin Defies Gravity And Returns To $1 Peg After Nail-Biting Weekend
Stablecoin USD Coin (CRYPTO: USDC), issued by Circle, is gradually returning to its $1 peg, after a tumultuous weekend, after CEO Jeremy Allaire
USD Coin Regains $1 Peg As Circle CEO Allaire Thanks Feds, Reveals New Banking Tie-Ups
Jeremy Allaire, CEO and co-founder of Circle, on Sunday thanked the U.S.
Circle’s Funds Could Be In Jeopardy As California Regulators Close Silicon Valley Bank
Circle (CRYPTO: USDC) deposited an unknown sum of cash in the now-defunct Silicon Valley Bank (NASDAQ: SIVB), which was one of the U.S.-regulated financial institutions responsible for
Nasdaq, S&P Futures Narrowly Mixed As New-Found Optimism Tempers Ahead Of Big Bank Earnings, Consumer Sentiment Data
US stocks look set to start Friday’s session on a nervous note as the recent gains introduce caution amid traders. The trading direction could also hinge on the earnings reports from big banks and the results of the University of Michigan's consumer sentiment survey.
Earnings Scheduled For January 13, 2023
Companies Reporting Before The Bell
• Citigroup (NYSE:C) is expected to report quarterly earnings at $1.14 per share on revenue of $17.90 billion.
B of A Securities Reinstates Buy on Bank of New York Mellon, Announces $56 Price Target
B of A Securities analyst Ebrahim Poonawala reinstates Bank of New York Mellon (NYSE:BK) with a Buy and announces $56 price target.
Big Banks To Kick Off Q4 Earnings Season Amid Expectations For First S&P 500 Profit Decline In More Than 2 Years
The fourth-quarter reporting season is around the corner, and it is one of the key catalysts that will likely determine the near-term stock market trajectory.
Goldman Sachs’ Four Zones Within Capital Market Coverage, Gives Stock Picks
Goldman Sachs Group Inc (NYSE: GS) has outlined four themes for 2023 amid recessionary risks and rising interest rates.