Finance

A sign for the financial agency Fitch Ratings on a building at the Canary Wharf business and shopping district in London, U.K., on Thursday, March 1, 2012. Bloomberg | Bloomberg | Getty Images Asia-Pacific banks are “resilient to risks” highlighted by failures seen in U.S. banking sector, Fitch Ratings said Thursday, adding the exposure to

In this article FRC MRK FDX Follow your favorite stocksCREATE FREE ACCOUNT A worker sorts packages at a FedEx Express facility on Cyber Monday in Garden City, New York, US, on Monday, Nov. 28, 2022. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in extended trading. FedEx — The package-shipping

In this article CSG.N-CH ADBE SNAP META Follow your favorite stocksCREATE FREE ACCOUNT The Snapchat application on a smartphone arranged in Hastings-on-Hudson, New York, US, on Wednesday, Feb. 1, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images Check out the companies making the biggest moves in premarket trading: Credit Suisse — U.S.-listed shares of Credit

University students looking for jobs at a fair in Hangzhou, China. According to CNBC analysis of state media reports, 7.7 million people took the civil service exam in the 2023 application round, vying for more than 200,000 government jobs at the national and provincial level. Qilai Shen | Corbis Historical | Getty Images A record

In this article PATH CS PD FIVE ADBE Follow your favorite stocksCREATE FREE ACCOUNT A Credit Suisse office in New York, US, on Thursday, Feb. 9, 2023.  Stephanie Keith | Bloomberg | Getty Images Check out the companies making headlines after the bell. Credit Suisse — Credit Suisse shares rallied almost 7% after a statement

In this article CSG.N-CH JPM BAC C WFC Follow your favorite stocksCREATE FREE ACCOUNT A man is seen in silhouette walking past a branch of Switzerland’s Credit Suisse bank in Vevey, western Switzerland, on March 15, 2023 Fabrice Coffrini | AFP | Getty Images Bank stocks were under pressure on Wednesday as the sharp drop

In this article SIVB Follow your favorite stocksCREATE FREE ACCOUNT Silicon Valley Bank’s collapse could have ramifications for the technology landscape over the coming years, analysts and investors said. Nikolas Liepins | Anadolu Agency | Getty Images Silicon Valley Bank was the backbone of many startups and venture capital funds around the world. The effects

In this article IEP Follow your favorite stocksCREATE FREE ACCOUNT Carl Icahn at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on September 13, 2016. Heidi Gutman | CNBC Famed investor Carl Icahn believes the U.S. economy is in trouble because of poor corporate leadership and stubbornly high inflation. “The system is breaking down, and

In this article FRC UBER DASH BZFD HON UAL Follow your favorite stocksCREATE FREE ACCOUNT A traveler walks toward the Uber rideshare vehicle pickup area at Los Angeles International Airport (LAX) on February 8, 2023 in Los Angeles, California.  Mario Tama | Getty Images Check out the companies making headlines before the bell: First Republic

In this article SBNY Follow your favorite stocksCREATE FREE ACCOUNT The dramatic drop in regional bank stocks is a key entry point for investors, according to analyst Christopher Marinac. Marinac, who serves as Director of Research at Janney Montgomery Scott, believes the group’s decline over the past week provides an attractive entry point for investors

Following the fall of Silicon Valley Bank, a lot of terms are being thrown around on CNBC and elsewhere in discussions about what went wrong. One key term is “duration risk” along the yield curve in the bond market. We don’t usually get into this level of detail on fixed income at the Club —

In this article SIVB Follow your favorite stocksCREATE FREE ACCOUNT Andrey Rudakov | Bloomberg | Getty Images The fallout from the shuttering of Silicon Valley Bank — the second-largest bank collapse in U.S. history — continued Monday, dragging down international banking stocks. European banking stocks were down 5.5% at 10 a.m. London time on Monday, after closing

Goldman Sachs logo displayed on a smartphone. Omar Marques | SOPA Images | LightRocket via Getty Images Goldman Sachs no longer sees a case for the Federal Reserve to deliver a rate hike at its meeting next week, citing “recent stress” in the financial sector. Earlier Sunday, U.S. regulators announced measures to stem contagion fears

“CNBC Special: America’s Banking Crisis” airs Sunday at 7 p.m. ET, where Jim and other experts will discuss the ramifications of Silicon Valley Bank’s demise on the economy and the stock market. Fears of contagion to banks with similar profiles to Silicon Valley Bank has brought together several government agencies to find a buyer for

In this article US10Y US6M Follow your favorite stocksCREATE FREE ACCOUNT Interest rate jitters are meaningfully pushing investors to the shorter end of the yield curve, according to Joanna Gallegos, co-founder of fixed-income ETF issuer BondBloxx. Gallegos, former head of global ETF strategy for JPMorgan, believes it’s a sound approach. “It’s an intuitive trade. This

In this article SIVB Follow your favorite stocksCREATE FREE ACCOUNT Police officers leave Silicon Valley Banks headquarters in Santa Clara, California on March 10, 2023. Noah Berger | AFP | Getty Images Silicon Valley Bank employees received their annual bonuses Friday just hours before regulators seized the failing bank, according to people with knowledge of

In this article SIVB Follow your favorite stocksCREATE FREE ACCOUNT Employees stand outside of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California.  Justin Sullivan | Getty Images Big names in Silicon Valley and the finance sector are calling publicly for the federal government to push another bank to

In this article SIVB Follow your favorite stocksCREATE FREE ACCOUNT On Wednesday, Silicon Valley Bank was a well-capitalized institution seeking to raise some funds. Within 48 hours, a panic induced by the very venture capital community that SVB had served and nurtured ended the bank’s 40-year-run. related investing news Our two financials differ from failed

In this article SIVB Follow your favorite stocksCREATE FREE ACCOUNT The sudden collapse of Silicon Valley Bank has thousands of tech startups wondering what happens now to their millions of dollars in deposits, money market investments and outstanding loans. Most importantly, they’re trying to figure how to pay their employees. related investing news Our two

In this article ENPH GPS CAT FRC WAL PACW SBNY DOCU SCHW ORCL BIRD Follow your favorite stocksCREATE FREE ACCOUNT A sign is posted in front of Oracle headquarters on June 13, 2022 in Redwood Shores, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading Friday. Allbirds — Shares