Tag: Wells Fargo
Bank sell-off hits Wall Street again
new York Another sell-off in the US banking sector on fears of a new financial crisis dragged Wall Street further down on Friday. The Dow Jones index of standard values…
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…
Concerns about Credit Suisse weigh on Wall Street – US banks lose significantly in value
New York Stock Exchange The news from Credit Suisse is also causing uncertainty on Wall Street. (Photo: AP) new York Problems at major Swiss bank Credit Suisse (CS) have weighed…
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…
This is how the start-up industry is working through the bankruptcy
Berlin, Dusseldorf, Frankfurt, New York, San Francisco The Silicon Valley Bank (SVB) and the start-up scene – for a long time it was a symbiosis. “The SVB was the gold…
US inflation data boosts Wall Street as Nasdaq closes over 2% up
new York The latest US inflation data pushed Wall Street higher on Tuesday. Investors hoped that the decline in the inflation rate would persuade the US Federal Reserve to raise…
US inflation data boosts Wall Street – bank stocks on course for recovery
new York The eighth straight drop in US inflation pushed Wall Street back into positive territory on Tuesday. Investors were hoping that the US Federal Reserve would slow down in…
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…
US stock exchanges start stable – bank shares lose significantly in value
Traders on the New York Stock Exchange US bank stocks plummet. (Photo: IMAGO/Xinhua) Frankfurt The fear of a banking crisis continues to keep the global capital markets in its grip.…
Pfizer acquires cancer specialist Seagen for $43 billion
Pfizer logo The US pharmaceutical company takes over the cancer specialist Seagen for 43 billion dollars. (Photo: AP) Frankfurt The US group Pfizer is using its billions in revenue from…
US stock exchanges start stable – bank shares lose significantly in value
Traders on the New York Stock Exchange US bank stocks plummet. (Photo: IMAGO/Xinhua) Frankfurt The fear of a banking crisis continues to keep the global capital markets in its grip.…
How dangerous can the end of the institute be?
The Silicon Valley Bank logo The bank’s stock came under severe pressure and experienced the worst trading day in its history. (Photo: Reuters) Frankfurt The exit from Silicon Valley Bank…
US banks drag Wall Street down – SVB-Aus weighs on markets
Wall Street Developments on Silicon Valley Bank overshadowed trading on Wall Street on Friday. (Photo: IMAGO/Xinhua) new York The turbulence surrounding the Silicon Valley Bank (SVB), which has gotten into…
US banks drag Wall Street down
Wall Street Developments on Silicon Valley Bank overshadowed trading on Wall Street on Friday. (Photo: IMAGO/Xinhua) new York The turbulence surrounding the Silicon Valley Bank (SVB), which has gotten into…
How dangerous can the crisis become?
The Silicon Valley Bank logo The bank’s stock came under severe pressure and experienced the worst trading day in its history. (Photo: Reuters) Frankfurt The sudden capital need at California…
How dangerous can the crisis become?
The Silicon Valley Bank logo The bank’s stock came under severe pressure and experienced the worst trading day in its history. (Photo: Reuters) Frankfurt The sudden capital need at California…
Tech crisis hits Silicon Valley Bank – share collapses by 60 percent
san francisco The Silicon Valley Bank is considered an important financier for start-ups in the early stages. (Photo: AP) Denver The crisis surrounding a prominent start-up financier from Silicon Valley…
Tech crisis hits Silicon Valley Bank – share collapses by 60 percent
san francisco The Silicon Valley Bank is considered an important financier for start-ups in the early stages. (Photo: AP) It was the worst trading day in the history of the…
Tech crisis hits Silicon Valley Bank – share collapses by 60 percent
san francisco The Silicon Valley Bank is considered an important financier for start-ups in the early stages. (Photo: AP) It was the worst trading day in the history of the…
Goldman Sachs CEO Admits Mistakes: ‘There Were Clear Failures’
new York David Solomon struggles to find the right balance. The CEO of Goldman Sachs emphasized his bank’s recent successes at Investor Day on Tuesday. But he also has to…