Dow dives over 600 points as Credit Suisse selloff injects fresh unease into markets

Tech Insider
credit suisse
Swiss banking giant Credit Suisse.

Fabrice Coffrini/AFP/Getty Images)

Google wasted its pandemic opportunity. Now, it's scrambling to catch up.

Tech Insider

Hey there, buds. I'm Diamond Naga Siu, and I'll be writing to you from San Diego for the foreseeable future. Big thanks to my editor Matt Weinberger and my teammate Paayal Zaveri for filling in while I wrapped up my cross-county move.

The collapse of Silicon Valley Bank foreshadows a bigger reckoning for the tech industry

Tech Insider : Economy, Politics
A computer with the SVB logo exploding.
The destruction wrought by the collapse of Silicon Valley Bank could be a moment for the tech industry to take a step back and reflect on its problems. But sadly, it won't be.

iStock; Rebecca Zisser/Insider

More banks could soon fail - but that could end up being good news for stocks

Tech Insider

Good morning. I'm senior reporter Phil Rosen. 

As regional bank stocks tanked yesterday, contagion remains top of mind, and commentators are warning of more risks to the financial sector. 

Signature Bank in New York went under on Sunday. Other lenders also named Signature Bank are scrambling to let customers know they're still open for business.

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A woman leaves a branch of Signature Bank in New York, Monday, March 13, 2023.
Signature Bank, New York, was shut down by regulators on Sunday.

Seth Wenig/Associated Press

Sell any stock rebound resulting from banking-system intervention, Morgan Stanley CIO says

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Silicon Valley Bank failure
Silicon Valley Bank

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Regulators didn't have to shutter Signature Bank, says Dodd-Frank Act coauthor Barney Frank, who helped oversee the lender: 'We could've continued'

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Barney Frank
Barney Frank.

REUTERS/Jonathan Ernst

Paul Krugman says Silicon Valley Bank 'was a kind of affinity fraud a la Madoff' because it sold itself on false pretenses

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paul krugman
Paul Krugman.

REUTERS/Brendan McDermid

First Republic Bank's stock craters 75% after it taps backstop billions to shore up liquidity

Tech Insider
first republic bank
First Republic Bank

Justin Sullivan/Getty Images

Western Alliance shares plummet 80% as bank stocks take a beating after SVB's failure

Tech Insider
Western Alliance
Western Alliance Bank.

(Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)

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