SVB Financial fights FDIC over seized tax refunds
By Dietrich Knauth NEW YORK SVB Financial, the bankrupt former parent of failed Silicon Valley Bank, said on
2023-05-12 07:26
PacWest shares plunge after it reports drop in deposits
By Niket Nishant and Chibuike Oguh (Reuters) -Shares of PacWest Bancorp plunged 23% on Thursday after the Los-Angeles-based lender said
2023-05-12 04:54
JPMorgan Chase CEO Jamie Dimon says Trump doesn't understand the debt ceiling
JPMorgan Chase CEO Jamie Dimon sharply criticized former President Donald Trump on Thursday, saying the 2024 presidential candidate doesn't understand the debt ceiling and what is at stake. It is just "one more thing he doesn't know very much about," Dimon told Bloomberg Television.
2023-05-12 02:46
Blackstone, Apollo were among about 20 bidders for SVB's assets
(This May 10 story has been corrected to fix the bids closing to March 24, not March 10, in paragraph
2023-05-11 23:16
FDIC board to discuss special assessment fees for banks
The board of directors of the Federal Deposit Insurance Corp (FDIC) will meet on Thursday to consider special
2023-05-11 21:49
Deposit outflows after SVB collapse concentrated among 'super-regionals' - NY Fed study
By Howard Schneider WASHINGTON (Reuters) -Bank deposit withdrawals following the collapse of Silicon Valley Bank were concentrated in around 30
2023-05-11 21:16
U.S. prosecutors look at short selling in bank shares - source
By Chris Prentice NEW YORK Federal prosecutors in Washington are looking into short seller activity around the recent
2023-05-10 18:46
SVB Financial Group's quarterly results filing will be delayed
SVB Financial Group will be unable to meet the U.S. Securities and Exchange Commission's deadline for its quarterly
2023-05-10 05:56
PacWest, Western Alliance lead slide in regional bank stocks
Shares of regional lenders PacWest Bancorp and Western Alliance resumed their slide in premarket trading on Tuesday as
2023-05-09 18:56
Smaller 2023 bonuses for U.S. investment bankers, asset managers -report
By Tatiana Bautzer NEW YORK Asset management executives and investment bankers working on mergers and acquisitions or equity
2023-05-09 18:26
Yellen says pressures remain on some U.S. regional bank stocks but system sound
WASHINGTON U.S. Treasury Secretary Janet Yellen said on Monday that some regional bank stock prices remained under pressure,
2023-05-09 06:24
California banking regulator says SVB oversight inadequate
California's financial regulator failed to press leadership at Silicon Valley Bank to address known problems quickly enough before
2023-05-09 06:19