SI News and Press, Silvergate Capital Corp - Class A From 03/24/23

2023-03-24 12:47:48 ET Shares of Silvergate Capital (NYSE: SI) have skyrocketed today, despite the fact that the crypto bank announced earlier in March that it plans to wind down its operations and liquidate its assets after experiencing a significant deposit run over the last sever...

2023-03-24 12:20:59 ET Gainers: Silvergate Capital Corporation ( SI ) +66% . NaaS Technology ( NAAS ) +36% . Assure Holdings ( IONM ) +21% . Dermata Therapeutics ( DRMA ) +21% . ReNew Energy Global ( RNW ) +20% . GH Research ...

2023-03-24 10:35:06 ET Summary Deutsche Bank Aktiengesellschaft is a venerable institution, its inception dating back to 1870. Its credit default swaps indicate the market is worried about its position amidst the current banking turmoil. I believe this could be because it has ...

2023-03-24 08:40:44 ET FiscalNote ( NOTE ) -16% . DiamondHead ( DHHC ) -16% . Rekor Systems ( REKR ) -13% on $10M stock offering . Deutsche Bank ( DB ) -11% as cost of default insurance spikes . Jaguar Health ( JAGX ) -11% ...

2023-03-24 08:06:13 ET Summary While the Fed did what the markets expected and hiked rates by 25 basis points, the rhetoric suggests that rate cuts is not the base case in 2023. The Fed showed its commitment to its inflation target while commenting that the banking system remains ...

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 17:32:37 ET Banking giants JPMorgan Chase ( NYSE: JPM ) and Citigroup ( NYSE: C ) have warned employees to refrain from poaching clients from banks undergoing stress in the wake of the tumult in the banking sector, Reuters reported Thursday, citing a memo date...

2023-03-23 13:26:05 ET Responding to the erosion of confidence in such financial institutions as Silicon Valley Bank and Credit Suisse Group ( NYSE: CS ), European Union regulators are starting to explore ways to ensure that banks manage their liquidity better. No formal tal...

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 13:59:52 ET Summary The John Hancock Financial Opportunities fund (BTO) has had an enviable record over the years as one of the most successful equity CEFs of all time. But these last few weeks in the financial sector have showed that no fund is immune from a crisis. ...