SBNY News and Press, Signature Bank From 04/05/23

2023-04-05 22:45:00 ET Summary The Boyar Value Group's mission is to search or value on behalf of our clients. In essence, we are trying to buy a dollar for fifty cents. Though no one can know the future, we do not expect that the current situation will develop into a full-blown b...

2023-04-05 17:31:34 ET The Federal Deposit Insurance Agency has hired BlackRock ( NYSE: BLK ) Financial Market Advisory to sell the crippled securities portfolios of Silicon Valley Bank ( OTC:SIVBQ ) and Signature Bank ( OTC:SBNY ), both of which failed last month, according...

2023-04-05 03:30:00 ET Summary U.S. Bancorp, the largest regional bank in the US with roughly $600B in assets, confirmed a Q1 earnings date of April 25, the latest Q1 report date in our 20 year history of data. The April 25th date is a week later than anticipated, and disturbs a l...

2023-04-04 23:00:00 ET Summary LRT Capital is a fundamental investment hedge fund. Our sole aim in crafting our investment program is to maximize long-term investment returns. March was a very good month for our strategy. Our core holdings were close to flat overall while our hedg...

2023-04-04 08:15:55 ET In the years after Signature Bank ( OTC:SBNY ) shifted its focus to cryptocurrency, boosting its stock price, the company's insiders sold more than $100M of shares, the Wall Street Journal reported Tuesday. Sales by the bank's chairman, its former CEO, and...

2023-04-04 01:27:43 ET Summary Silicon Valley Bank's failure to raise funds exhibits the growing non-marketability of existing long-dated U.S. debt. Instead of foreign institutions, U.S. institutions bear the greatest exposure to this growing effective markdown. The instabilit...

2023-04-03 09:00:52 ET Summary Tesla, Inc. achieved record quarterly deliveries in the first three months of the year, after two straight quarters of delivery misses in 2H22. Price cuts may have contributed to Tesla's strong kickoff to 2023, staving off concerns about demand risks...

2023-04-01 14:41:00 ET Short sellers gained $14.3B in unrealized profit from betting against stocks within the global banking sector in March, a tumultuous month marked by three regional bank failures that sparked contagion fears, according to a recent report from analytics firm S3 Part...

2023-04-01 08:15:17 ET Summary Investors in Medical Properties Trust were stunned by a massive downdraft since early March as bearish investors intensified their attack. The banking crisis likely provided the fuel for these investors to pile on their bets. Also, dip buyers probabl...

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...