FRC News and Press, FIRST REPUBLIC BANK From 03/12/23

2023-03-12 06:33:24 ET Summary Some banks have paper losses on their debt holdings as high as 67% of their current stock price. As interest rates rose sharply the last 15 months because the Fed increased their Fed Funds target, bond prices dropped sharply. Most of the informat...

2023-03-12 06:18:14 ET Summary BAC suffered a steep drop last week, caught in the crossfire from the SIVB collapse. Pershing Square founder Bill Ackman expects more bank runs to happen on Monday, which could lead to financial mayhem. The Fed and the FDIC are in discussion for ...

2023-03-12 00:48:12 ET Summary SVB Financial's historic and quick collapse sent shockwaves around the markets last week, with fears running deep of bank runs on broader institutions. Companies across the business world are poised to rethink their deposit structures to avoid simila...

2023-03-11 20:14:49 ET Billionaire investor Bill Ackman expects more bank runs from Monday morning after Silicon Valley Bank, the California-based subsidiary of SVB Financial Group ( NASDAQ: SIVB ), collapsed following what turned out to be the largest bank run in U.S. history. ...

2023-03-11 10:24:00 ET The failure of SVB Financial's ( NASDAQ: SIVB ) Silicon Valley Bank triggered the decline of a number of other regional bank stocks on Friday, making them the biggest decliners of the week in the financial sector. The top performing stocks for the we...

2023-03-11 09:00:00 ET Summary Both fundamental and technical analyses reveal that the US equity markets are at a major cross-roads. In this article, I will show how I integrate fundamental and technical analyses to understand the past, present and potential future. Integratio...

2023-03-11 08:21:22 ET Listen on the go! A daily podcast of Wall Street Breakfast will be available this morning. on Seeking Alpha , iTunes , Stitcher and Spotify . For further details see: Wall Street Breakfast: What Moved Markets

2023-03-10 16:11:54 ET First Republic Bank ( NYSE: FRC ) shares fell as much as 52% in Friday regular session trading after SVB Financial ( SIVB ) failed as a result of client withdrawals, higher funding costs, and the drop in venture capital activity. By the end of the sess...

2023-03-10 16:08:03 ET The turmoil surrounding Silicon Valley Bank fueled Wall Street selling on Friday, adding to a slide that took place the previous day. A stronger-than-expected jobs report also contributed to the decline. The tech-heavy Nasdaq Composite ( COMP.IND ) closed -1...

2023-03-10 15:41:25 ET First Horizon ( NYSE: FHN ), which is in the middle of sale to TD Bank ( NYSE: TD ), fell 4% as bank stocks tanked in the wake of the collapse of SVB Financial Group. TD Bankfell 2%. First Horizon's minor drop pales in comparison to other b...