C - Spark Newswire

2 minute read

Why Several Bank Stocks Are Getting Rocked Today

Today, 6:56 AM

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

4 minute read

Net Interest Margin (NIM) – What Happened At Silicon Valley Bank And SVB ETF Exposure

By Jeffrey Kamys

Today, 6:56 AM

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

2 minute read

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

By Shanthi Rexaline

Today, 6:56 AM

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

2 minute read

How Is The Market Feeling About Citigroup?

By Benzinga Insights

Today, 6:56 AM

Citigroup’s (NYSE:C) short percent of float has risen 3.97% since its last report. The company recently reported that…

3 minute read

Rising Interest Rates Squeeze Regional Bank Stocks: ‘Banks Could Be Forced To Liquidate’

By Wayne Duggan

Today, 6:56 AM

The shocking downfall of SVB Financial Group (NASDAQ: SIVB) has stolen the spotlight in the banking sector this week, but the banking industry's woes may be much more serious than

BAC

1 minute read

Bloomberg Reported Earlier: Citi Building New Trading Floor in Paris, Plans to Double Staff in French Capital

By Charles Gross

Today, 6:56 AM

https://www.bloomberg.com/news/articles/2023-03-06/citi-plots-new-trading-floor-with-plans-to-double-staff-in-paris?sref=y3YMCJ4e&leadSource=uverify%20wall

1 minute read

‘Citigroup To Lay Off Less Than 1% Of Staff’ – Reuters News

By Happy Mohamed

Today, 6:56 AM

https://www.reuters.com/business/finance/citigroup-lay-off-less-than-1-staff-source-2023-03-02/

1 minute read

News

Bloomberg Reported Earlier: Citigroup Clients Are Shifting Supply Chains Away From China To Mexico, Vietnam, Other Locations

By Charles Gross

Today, 6:56 AM

https://www.bloomberg.com/news/articles/2023-03-01/citigroup-clients-are-shifting-supply-chains-away-from-china?utm_source=google&utm_medium=bd&cmpId=google&sref=y3YMCJ4e

1 minute read

Zoetis, NVIDIA And This Big US Bank Is ‘Outperforming This Year’: CNBC’s ‘Final Trades’

By Lisa Levin

Today, 6:56 AM

On CNBC’s "Halftime Report Final Trades," Stephanie Link of Hightower said Zoetis Inc.

2 minute read

Economists Are Expecting To See Monthly Growth In January’s Retail Sales: What Does This Mean For Fed Policy?

By Natan Ponieman

Today, 6:56 AM

The U.S. Department of Commerce is slated Wednesday to issue its report on U.S. retail sales for the…

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