MI Exclusive | iCloud.Info

MI Exclusive

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

Wed, 03/15/2023 - 07:29

Tech Insider

credit suisse — Swiss banking giant Credit Suisse.
Fabrice Coffrini/AFP/Getty Images)

Markets, MI Exclusive, Stocks, Dow, S&P 500, NASDAQ, Credit Suisse

Credit Suisse shares tumble more than 20%, leading a plunge in European bank stocks

Wed, 03/15/2023 - 07:21

Tech Insider

Credit Suisse

Fabrice Coffrini/AFP via Getty Images

Markets, MI Exclusive, Credit Suisse, Credit Suisse stock, Saudi, Saudi National Bank, European Stocks

Goldman Sachs bought the SVB bonds whose $1.8 billion loss set off the startup lender's meltdown

Wed, 03/15/2023 - 06:46

Tech Insider

SVB HQ — Silicon Valley Bank's HQ in Santa Clara, California
Getty Images

Markets, MI Exclusive, SVB, Silicon Valley Bank collapse, Silicon Valley Bank, Goldman Sachs, Bonds

Inflation tops 100% in Argentina as the price of beef spikes

Wed, 03/15/2023 - 06:22

Tech Insider : Economy

beef bbq argentina — Beef prices are soaring in Argentina, according to government data published Tuesday.
Walter Brandimarte/Reuters

Markets, MI Exclusive, Currencies, economy, Argentina, Inflation, Argentina Inflation

Charles Schwab CEO says clients poured in $4 billion at the height of the SVB panic

Tue, 03/14/2023 - 16:29

Tech Insider

Walt Bettinger, the chief executive of Charles Schwab. — Walter Bettinger.
REUTERS/Elijah Nouvelage

Markets, MI Exclusive, Charles Schwab, Charles Schwab stock, SVB, Silicon Valley Bank collapse

US stocks rise as bank shares rebound and CPI shows inflation continues to cool

Tue, 03/14/2023 - 16:19

Tech Insider

Stock trader Greg Rowe Traders works on the floor of the New York Stock Exchange during morning trading on November 17, 2022 in New York City. — Michael M. Santiago/Getty Images

Markets, MI Exclusive, Stocks, stock market news, Equities, Equities Markets, SVB

SVB's collapse completely screwed things up for companies with bad credit

Tue, 03/14/2023 - 15:34

Tech Insider

SVB — Silicon Valley Bank was shut down by regulators on Friday.
Getty Images

Markets, MI Exclusive, Stock Market, SVB, Silicon Valley Bank collapse, Fixed Income, Bonds

Billionaire investor Ray Dalio says the Silicon Valley Bank failure marks a 'canary in the coal mine' that will have repercussions beyond the VC world

Tue, 03/14/2023 - 15:01

Tech Insider

Ray Dalio on the Forum stage during day two of Web Summit 2018. — Ray Dalio.
Eoin Noonan/Web Summit via Getty Images

Markets, MI Exclusive, Ray Dalio, Silicon Valley Bank, bank failure, debt cycle, Debt

The Silicon Valley Bank rescue means regulators have guaranteed deposits for the entire US financial system, Evercore founder Roger Altman says

Tue, 03/14/2023 - 14:52

Tech Insider

Roger Altman 3 — Roger Altman
David Orrell/CNBC/NBCU Photo Bank via Getty Images

Markets, MI Exclusive, Roger Altman, SVB, Silicon Valley Bank collapse, Bail Out, FDIC insurance

First Republic leads a comeback for bank stocks that cratered in the SVB-fueled selloff

Tue, 03/14/2023 - 08:02

Tech Insider

First Republic Bank — First Republic led bank stocks' comeback Tuesday as investors started to look past the SVB crisis.
Michael Brochstein/SOPA Images/LightRocket via Getty Images

Markets, MI Exclusive, Stocks, First Republic, Western Alliance Bancorp, SVB, SVB collapse

Subscribe to MI Exclusive