WAL News and Press, Western Alliance Bancorporation From 03/13/23

2023-03-13 07:44:49 ET Summary Western Alliance has seen rapid growth over the past couple of years. The bank sees deposit rates creeping up and had to make a shift to more borrowing by the bank itself to ensure funding. Lower deposits, lower equity and concerns on the asset b...

2023-03-13 06:19:18 ET First Republic ( NYSE: FRC ) shares fell 61.03% in premarket trading, amid fear that Silicon Valley Bank's woes would spread to other banks in the tech-focused region, despite government intervention. Investors have grown wary of F...

2023-03-12 10:18:50 ET The Federal Deposit Insurance Corp. (FDIC) and the Federal Reserve are considering forming a fund that would allow regulators to backstop deposits at banks should more regulated financial institutions run into trouble after Silicon Valley Bank ( SIVB ) col...

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 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...

2023-03-10 18:17:44 ET Stocks dropped on Friday, weighed down by the failure of Silicon Valley Bank. The S&P 500 fell 1.5%, adding to weakness seen the previous day. Financial stocks were dragged down by the turmoil at SVB, leading to sharp declines among a host bank names. This inc...

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...