Tag: First Republic Bank
America’s savers are pumping billions into money market funds
Mirrored facade at Summit One Vanderbilt Observation Deck in Manhattan Not only the big banks from New York are moving into focus due to the crisis of confidence in the…
Bank stocks help Wall Street recover – SVB buyers First Citizens gain 54 percent
new York US bank First Citizens BancShares’ takeover of deposits and loans from the ailing Silicon Valley Bank (SVB) has eased fears of more bank failures on Wall Street. The…
The dangerous magic of banks
The author: Frank Wiebe The bank balance sheet is the magic wand, but also the breaking point of our financial system. Dusseldorf How does a bank work? This question is…
Market Insight: Despite rising prices: turbulence persists
Sell-off in the stock market Above all, the high loss of bank shares pushed the Dax significantly into the red on Friday. Dusseldorf At first glance, one could almost think…
Bitcoin on an “absolute high” – US regulators cause skepticism
Bitcoin Since the beginning of the year, the cryptocurrency has gained 71 percent in value. (Photo: Reuters) Frankfort, New York The collapse of the Silicon Valley Bank, the takeover of…
US analysts strengthen Deutsche Bank – mood on Wall Street calms down
New York, Dusseldorf The turbulent week on Wall Street ended on a surprisingly positive note. The Dow Jones index of blue chips closed up 0.4 percent and the broader S&P…
Dax stabilizes and closes slightly in the red
Dusseldorf The German stock market was able to stabilize again after a sell-off on Friday evening and closed 1.7 percent down at 14.957 points. During the day, the leading index…
US investors hold back on interest rate decision as Orbit stock soars 60 percent
new York After the interest rate decision by the US Federal Reserve, the US stock exchanges initially turned positive, but then lost significantly at the close of the market. The…
US investors hold back on interest rate decision as Orbit stock soars 60 percent
new York The US stock exchanges initially turned positive after the interest rate decision by the US Federal Reserve, but then lost 0.6 percent shortly before the market closed. The…
Wall Street closes with gains – First Republic up nearly 30 percent
Frankfort, New York US investors have initially put worries about the banking system behind them after the emergency takeover of the Swiss company Credit Suisse. The Dow Jones index of…
Concerns about US banking system fuel discussion about higher deposit insurance
Denver The heads of the major US banks meet in Washington on Tuesday. The meeting of the banking lobby Financial Services Forum had been planned for a long time. But…
First Republic Bank loses over 40 percent – Dow Jones closes in positive territory
Denver, New York After the emergency takeover of the ailing Credit Suisse, investors on Wall Street breathed a sigh of relief at the start of the week. The Dow Jones…
First Republic Bank loses over 40 percent – Dow Jones closes in positive territory
Denver, New York On Wall Street, investors breathed a sigh of relief at the start of the week after the emergency takeover of the ailing Credit Suisse. The Dow Jones…
First Republic Bank loses over 40 percent as markets stabilize
Denver, New York On Wall Street, investors breathed a sigh of relief at the start of trading after the emergency takeover of the ailing Credit Suisse. The Dow Jones index…
The banking crisis could dissuade the Fed from its interest rate course
Jerome Powell The head of the central bank is under pressure after the turbulence in the banking market. (Photo: Reuters) Denver, Frankfort Larry Summers is not known to be a…
Dax almost makes up for initial losses
Frankfurt After the emergency takeover of Credit Suisse by UBS, there was also unrest on the German stock market on Monday: After the start of trading, the leading German index…
Purchase decision: UBS takes over Credit Suisse
Good morning dear readers, News of the giants’ takeover came late last Sunday evening. The largest bank in Switzerland, UBS, is taking over the second largest bank in Switzerland, Credit…
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…