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Business Mag Search: Economy - Finance > Bank
Short sellers generated paper profit of $14 billion betting against bank stocks in March amid SVB chaos
A woman visits the Signature Bank branch in New York City. Signature Bank was closed by regulators. Leonardo Munoz/VIEWpress Short sellers betting against bank stocks logged...
21 minutes ago - Business Insider - 4 articles
Yellen seeking more regulation in aftermath of bank collapse
Weeks after the failure of two banks, Treasury Secretary Janet Yellen is planning to call Thursday for tighter financial regulations. The public push is part of a larger effort...
33 minutes ago - Chron
Blackstone's CEO says that Silicon Valley Bank failed because of 'people on iPhones' and contagion won't spread to the rest of the finance sector
The Blackstone chief said that it's important to delineate what banks and non-deposit financial institutions do to gauge the impact of SVB's fallout.
51 minutes ago - Fortune - 4 articles
The State of Payment Methods: More Choice and Economic Changes Are Affecting How Consumers Spend
Cash and checks are declining but not disappearing. Debit, credit, and prepaid cards will compete for growing digital spending. FedNow's launch could increase the prominence of...
1 hour ago - Business Insider
Russian central bank reveals how it braced for Western dollar grab
Moscow stockpiled gold, yuan and foreign currency in cash to offset Western sanctions, the regulator has revealed The Bank of Russia had been preparing for an escalation of...
2 hours ago - RT
Short seller Jim Chanos warns regional banks and commercial real estate could be hit hard if lending dries up
Jim Chanos. Brendan McDermid/Reuters Jim Chanos warns regional banks and commercial real estate may run into trouble. The short seller cautions tighter credit could hit real...
3 hours ago - Business Insider
The US housing market is tanking - and the banking fiasco could make things worse, RH CEO Gary Friedman says
Gary Friedman. Rachel Murray / Stringer The US housing market has slowed dramatically over the past year, RH CEO Gary Friedman said. Soaring interest rates have hit housing...
5 hours ago - Business Insider - 3 articles
Swiss bank helping rich Americans dodge taxes - Senate
Credit Suisse violated its own 2014 plea agreement, US lawmakers have claimed Swiss bank Credit Suisse is complicit in an ongoing scheme by wealthy Americans to evade taxes...
5 hours ago - RT
Bank of New York Mellon Corp Has $23.31 Million Stock Position in Artisan Partners Asset Management Inc
Bank of New York Mellon Corp raised its position in shares of Artisan Partners Asset Management Inc. by 4.4% in the 3rd quarter, according to the company in its most recent...
9 hours ago - ETF Daily News - 20 articles
Singapore's banking authority says DBS outage was 'unacceptable'
Shares of Southeast Asia's largest bank DBS Group were down 1.4% on Thursday, a day after a 10-hour outage of its digital services.
11 hours ago - CNBC
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Yellen seeking more regulation in aftermath of bank collapse
Weeks after the failure of two banks, Treasury Secretary Janet Yellen is planning to call Thursday for tighter financial regulations. The public push is part of a larger effort...
Most read stories for the week of March 23-29
The most popular stories from readers of finance-commerce.com in the past week.
The State of Payment Methods: More Choice and Economic Changes Are Affecting...
Cash and checks are declining but not disappearing. Debit, credit, and prepaid cards will compete for growing digital spending. FedNow's launch could increase the prominence of...
Inflation Adjusted House Prices 4.6% Below Peak
Today, in the Calculated Risk Real Estate Newsletter: Inflation Adjusted House Prices 4.6% Below Peak; Price-to-rent index is 7.9% below recent peak Excerpt: It has been 17...
Job Opening - Harvard University Operations Manager Campus Services
Under the direction of the General Manager, lead team of exempt and non-exempt service staff in the overall management of a retail dining and catering unit in full compliance...
Russian central bank reveals how it braced for Western dollar grab
Moscow stockpiled gold, yuan and foreign currency in cash to offset Western sanctions, the regulator has revealed The Bank of Russia had been preparing for an escalation of...
Weekly Initial Unemployment Claims increase to 198,000
The DOL reported : In the week ending March 25, the advance figure for seasonally adjusted initial claims was 198,000, an increase of 7,000 from the previous week's unrevised...
Roku announces a second set of layoffs impacting 200 employees, or 6% of its...
Roku is the latest tech company to announce a second round of layoffs with today's news that it's letting go of 6% of its workforce, or around 200 employees. The company...
Short seller Jim Chanos warns regional banks and commercial real estate...
Jim Chanos. Brendan McDermid/Reuters Jim Chanos warns regional banks and commercial real estate may run into trouble. The short seller cautions tighter credit could hit real...
DataDome, which uses AI to protect against bot-based attacks, raises $42M
Online businesses are at risk of bad bot activity, certainly more now than they used to be. According to a survey from Imperva, 42.3% of internet traffic in 2021 wasn't human...