Analysts raise one main concern with regional bank stocks: Deposit flight
Regional banks with a high share of uninsured deposits could see customers pull their money out this week, analysts warn.
Investors rush into bonds, gold in flight to safety after SVB rescue
Investors flocked to safe-haven assets amid an emergency plan to backstop the banking system and limit the impact from the collapse of Silicon Valley Bank.
2-year Treasury yield posts biggest 3-day decline since aftermath of 1987 stock crash
U.S Treasury yields declined on Monday as investors assessed the state of the economy after the collapse of Silicon Valley Bank.
‘A huge relief’: Startups react to Silicon Valley Bank UK’s HSBC rescue deal
“We can look our teams in the eye … and say, not only will we be able to make next payroll but we can continue business as usual,” said one startup founder.
‘A huge relief’: Startups react to Silicon Valley Bank UK’s HSBC rescue deal
“We can look our teams in the eye … and say, not only will we be able to make next payroll but we can continue business as usual,” said one startup founder.
‘A huge relief’: Startups react to Silicon Valley Bank UK’s HSBC rescue deal
“We can look our teams in the eye … and say, not only will we be able to make next payroll but we can continue business as usual,” said one startup founder.
First Republic drops 60%, leads decline in bank stocks despite government’s backstop of SVB
First Republic Bank led a decline in bank shares Monday that came even after regulators’ extraordinary actions Sunday evening.
UK Treasury minister: Silicon Valley Bank collapse not a systemic issue
Andrew Griffith, economic secretary to the U.K. Treasury, discusses the purchase of the U.K. arm of Silicon Valley Bank by HSBC.
Silicon Valley’s ‘greed and avarice’ have ‘finally come home to roost’ in SVB collapse, trader says
“Banking should be boring, a lot like watching paint dry — and any time it’s not, you’ve got a problem,” one investor told CNBC.
Stablecoin USDC nearly regains $1 peg after Circle says $3.3 billion held with SVB will be available
Circle, which issues USD Coin (USDC), said that the $3.3 billion it held with the now-collapsed SVB will be “fully available” on Monday when U.S. banks open.
