SBNY News and Press, Signature Bank From 03/17/23

2023-03-17 06:39:15 ET Summary XLE bulls who eagerly jumped on board during the December 2022 and January 2023 highs are now being pummeled by its recent steep decline. Our warning to investors that XLE's strength was unsustainable has come to fruition. The recent banking crisis h...

2023-03-17 03:58:25 ET Summary We were seeing warning signs in Financials long before the current regional banking crisis. On February 22nd, we even posted a public warning about this sector flashing warning signals. When you add up the prior 3-month (inflationary) readings and an...

2023-03-17 03:05:00 ET Summary The Fed and U.S. Treasury have made to decision to back-stop depositors at U.S. banks – a liability that could potentially hit $2 trillion. However, the scale of the problem this time, compared to 2008, is multiples larger. Aside from what...

2023-03-16 18:26:00 ET Market participants on Thursday appeared to have skewed firmly towards a 25 basis point rate hike by the Federal Reserve at its upcoming monetary policy committee meeting. The recalibration in expectations has been spurred by the recent turmoil in the financia...

2023-03-16 16:34:57 ET Summary The iShares Russell 2000 ETF told us something was wrong with the small-cap companies before the Silicon Valley Bank failure. IWM has underperformed the S&P 500 in 2022 and 2023 - small-caps need funding and a significant source has dried up in M...

U.S. Banking Stocks Under Pressure - Investors May Pursue Arbitration Against the Brokers/Advisors That Sold These Investments NEW YORK, NY / ACCESSWIRE / March 16, 2023 / National investment loss attorneys KlaymanToskes is investigating brokerage firms and brokers/financial advisors that ...

2023-03-16 11:02:56 ET Summary The article discusses a number of indicators that the current situation is quite different than it was 15 years ago, and attempts a few words of reason. Although the situation is serious, I don't think it's reasonable to expect a nationwide bank run ...

2023-03-16 07:12:00 ET Three banks have closed or been put under receivership over the past week. Of the three, the one that still prompts the most questions is Signature Bank (NASDAQ: SBNY) , largely because it seemed to have enough capital and liquidity to survive before regulator...

2023-03-16 05:05:00 ET Summary Over the past week, investors have had to digest U.S. banking failures and the threatened collapse of a major European bank. This stress has finally underscored the tensions between global central banks’ efforts to tame inflation and growing c...

2023-03-15 23:14:20 ET The FDIC has set Friday as the deadline for banks interested in acquiring Silicon Valley Bank ( NASDAQ: SIVB ) or Signature Bank ( NASDAQ: SBNY ) to submit bids. Reuters reported that only those submitting bids that have an existing bank ...