Tag: FDIC Federal Deposit Insurance
Buyer found for Signature Bank
Signature Bench The New York bank is taken over by the Community Bancorp. (Photo: AP) new York The US deposit insurance FDIC has found a buyer for the failed Signature…
US government wants responsible bankers to be held accountable
Elizabeth Warren The US Senator wants to make responsible bankers accountable. (Photo: AP) new York After the collapse of Silicon Valley Bank (SVB) and Signature Bank, Washington discussed the responsibility…
Warren Buffett apparently intervenes in the banking crisis
Warren Buffett The star investor had already become active during the 2008 financial crisis. (Photo: AP) Denver Bankers, regulators and government officials have been dealing with a central question for…
Warren Buffett is in talks with the Biden government over the banking crisis
Warren Buffett The star investor had already become active during the 2008 financial crisis. (Photo: AP) Denver Bankers, regulators and government officials have been dealing with a central question for…
What danger banks and markets face from the turnaround in interest rates
crisis of confidence The many turbulences on the financial market are increasing concerns about a new banking crisis. With the collapse of the Silicon Valley Bank last weekend, fears of…
The Fed is also saving politics
First Republic Bank A migration of the banking business to large corporations that can hardly be reached personally in the area would be a bad trend. (Photo: Bloomberg) Anyone who…
What danger banks and markets face from the turnaround in interest rates
crisis of confidence The many turbulences on the financial market are increasing concerns about a new banking crisis. With the collapse of the Silicon Valley Bank last weekend, fears of…
Dax rises to over 15,100 points – Two factors support the market
Dusseldorf After a turbulent week, a conciliatory conclusion is emerging on the German stock market. The leading index Dax was up 0.7 percent on Friday morning at 15,068 points and…
Big US banks are helping the ailing First Republic Bank
Traders on the New York Stock Exchange First Republic Bank stock fell more than 30 percent on Wednesday. (Photo: Reuters) new York The big US institutions support the ailing First…
The hidden dangers of the turnaround in interest rates
crisis of confidence The many turbulences on the financial market are increasing concerns about a new banking crisis. With the collapse of the Silicon Valley Bank last weekend, fears of…
The hidden dangers of the turnaround in interest rates
crisis of confidence The many turbulences on the financial market are increasing concerns about a new banking crisis. With the collapse of the Silicon Valley Bank last weekend, fears of…
Crash in Credit Suisse shares also weighs on Wall Street – US banks also slide significantly
Stock traders on Wall Street The dominant topic on the floor was the renewed fall in bank shares. (Photo: AP) new York Problems at the major Swiss bank Credit Suisse…
Buffett needs to do better educate about risks – Eight billion loss after SVB bankruptcy
Warren E. Buffett The head of the investment company Berkshire Hathaway communicates mainly indirectly with shareholders and analysts. (Photo: AP) Frankfurt Warren Buffett and his private equity firm, Berkshire Hathaway,…
Big US banks benefit from SVB bankruptcy
Denver, Dusseldorf After the end of the Silicon Valley Bank (SVB) and two other small US institutions last week, Americans are shifting their deposits on a grand scale. The main…
Inflation rate in the US falls to 6.0 percent in February
US Federal Reserve in Washington The central bank has raised interest rates significantly in recent months. (Photo: dpa) Dusseldorf, Frankfurt The trend of falling headline inflation rates in the US…
Short sellers make $513 million in one day
Silicon Valley Bank After the collapse of the Silicon Valley Bank, the US government stepped in and guaranteed customers’ deposits. (Photo: AP) Dusseldorf The exit from Silicon Valley Bank (SVB)…
Silicon Valley Bank the day after
New York, Austin “The Silicon Valley Bank office is on the second floor. But they’re closed today,” explains the porter at the Park Avenue building in Manhattan, where the collapsed…
The endurance test is still to come
Janet Yellen is a shrewd finance scholar with a wide reputation in both academic and political circles. For four years she headed the Fed, by far the most powerful central…
Silicon Valley Bank the day after
Silicon Valley Bank Many start-ups had their money in the bank. (Photo: Bloomberg) New York, Austin “The Silicon Valley Bank office is on the second floor. But they’re closed today,”…
US stock exchanges close stably despite the crisis – bank shares lose significantly in value
Traders on the New York Stock Exchange US bank stocks plummet. (Photo: IMAGO/Xinhua) Frankfort, New York The fear of a banking crisis continues to keep the global capital markets in…