SBNY News and Press, Signature Bank From 03/31/23

2023-03-31 09:32:34 ET The Federal Deposit Insurance Corporation is looking to sell the securities portfolios of failed regional lenders Silicon Valley Bank ( OTC:SIVBQ ) and Signature Bank ( OTC:SBNY ), Reuters reported Friday, citing people familiar with the matter. The po...

2023-03-31 07:00:00 ET Summary Kirk Spano highlights small midcap opportunities, including regional banks. Inflation and alternative energy. Bullish on big tech and Bitcoin. Listen to the podcast embedded above or on the go via Apple Podcasts or Spo...

2023-03-31 02:20:33 ET Summary As March 2023 comes to a close, we observe four new preferred stock / ETD offerings during the month, with yields ranging from 6.625% to 9.5%. Here is a comparison against the highest quality preferred stocks in our coverage universe, as ranked by ou...

2023-03-27 12:34:10 ET Summary This morning, North Carolina-based First Citizens announced a deal to buy Silicon Valley Bank, easing some market fears over banking contagion. First Citizens got an FDIC loss share, a steep discount, and got to leave out $90 billion in less attracti...

2023-03-27 12:00:00 ET Summary In March, PNC Financial outperformed its peers in the iShares Regional Banks ETF, demonstrating the market's confidence in its leadership prowess. Even though the bank remains resilient, a potentially worse economic downturn or a further spread of th...

2023-03-25 05:02:00 ET Investors are -- understandably -- fearful of many bank stocks right now, after the surprisingly fast collapse of SVB Financial (NASDAQ: SIVB) subsidiary Silicon Valley Bank and Signature Bank (NASDAQ: SBNY). In this video, Motley Fool Contributors Jason H...

2023-03-24 04:52:34 ET "Looking ahead, the longer that financial conditions remain tight, the greater the risk that stresses spread beyond the banking sector, unleashing greater financial and economic damage than we anticipated," Moody's wrote in its latest global credit conditions repo...

2023-03-23 11:50:03 ET Summary Investors grew increasingly worried about the fallout from Silicon Valley Bank and Signature Bank, leading to Rithm Capital's stock plummeting nearly 20% from its February highs. mREITs, such as Rithm Capital, are perceived as "second-order, third-or...

2023-03-23 07:57:15 ET Oppenheimer downgraded Coinbase Global ( NASDAQ: COIN ) to Perform from Outperform after the company received a warning that SEC staff recommended enforcement action against the company for alleged violation of securities laws. In addition, to the ...

2023-03-22 20:56:25 ET Summary As expected, the FOMC raised rates by 0.25% at their meeting this week, bringing the Fed funds rate to a range of 4.75% to 5.00%. The decision was unanimous, and the Fed signaled one more hike to follow. However, this almost certainly isn't enoug...