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Crypto VC Digital Currency Group Turns To New Banking Partners After SVB Financial Debacle

By Anusuya Lahiri
Today, 1:33 PM
Crypto conglomerate Digital Currency Group (DCG) is hunting for new banking partners for portfolio companies following the collapse of SVB Financial…

BAC

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2 minute read
  • Markets
  • News

Larry Summers Suggests Short-Term Steps To Help Government Avoid Contagion — Says SVB Committed ‘One Of The Most Elementary Errors…’

By Bhavik Nair
Today, 1:33 PM
Former Treasury Secretary Lawrence Summers reportedly said that Silicon Valley Bank committed one of the most elementary errors…

BAC

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2 minute read
  • Federal Reserve
  • Markets
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‘Big Short’ Investor Michael Burry On Current Banking Crisis, ‘I Am Not Seeing True Danger Here’

By Bhavik Nair
Today, 1:34 PM
‘The Big Short’ investor Michael Burry, who made millions of dollars for his investors by accurately predicting the…

BAC

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2 minute read
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Looking To Play Berkshire, JP Morgan, Bank Of America To The Downside? This ETF Offers 3X Leverage

By Melanie Schaffer
Today, 1:34 PM
The Direxion Financial Bear 3X Shares ETF (NYSE: FAZ) was surging over 10% higher on Monday, with continued bullish momentum following the recent collapse of SVB Financial Group and Signature Bank, which has investors

BAC

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1 minute read
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Top 15 Trending Stocks On WallStreetBets As Of Monday, Mar. 13, 2023 (Via Swaggy Stocks)

By Michael Horton
Today, 1:34 PM
Data from https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment   Tesla (TSLA) Nvidia (NVDA) Apple (AAPL) SPDR Gold Trust (GLD) JP Morgan Chase (JPM) Charles Schwab (SCHW) Coinbase GLobal

AAPL

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2 minute read
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Goldman Sachs Experts Explain Why Most Banks Don’t Share SVB’s Vulnerabilities: ‘The Takeover Neutralized Risk Of Contagion’

By Natan Ponieman
Today, 1:34 PM
On Friday, the U.S. federal government stepped in to take over Silicon Valley Bank (NASDAQ:SIVB) in an effort…

BAC

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2 minute read
  • Financing
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Why Several Bank Stocks Are Getting Rocked Today

By Adam Eckert
Today, 1:34 PM
Shares of several banks and financial companies are trading lower following the closure of SVB Financial Group (NASDAQ: SIVB) and Signature Bank (NASDAQ: SBNY), which has sparked fears of contag

BAC

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4 minute read
  • ETFs
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Net Interest Margin (NIM) – What Happened At Silicon Valley Bank And SVB ETF Exposure

By Jeffrey Kamys
Today, 1:34 PM
Net interest margin (NIM) is a measure of profitability used to evaluate how much money a financial institution makes from the difference between the interest income it earns on its assets and the interest it pays out to its lenders (such as depositors and bondholders) for its liabilities.

BAC

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1 minute read
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First Republic Bank, Bank of America And Other Big Stocks Moving Lower In Monday’s Pre-Market Session

By Lisa Levin
Today, 1:34 PM
U.S. stock futures traded mixed this morning. Here are some big stocks recording losses in today’s pre-market trading session.

BAC

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2 minute read
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Bill Ackman Says Government Has 48 Hours To Fix The SVB Mess: ‘A Soon-To-Be-Irreversible Mistake’

By Shanthi Rexaline
Today, 1:34 PM
Following the collapse of Silicon Valley Bank, owned by its holding company SVB Financial Group (NASDAQ: SIVB), hedge fund manager Bill Ackman called for immediate action from the

BAC

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