SVB

Credit Suisse shares jump over 25% after a $54 billion SNB loan eases jitters, US stock futures stabilize

Tech Insider
Credit Suisse logo
The logo of Swiss banking group Credit Suisse is pictured on November 11, 2018 in Geneva

Fabrice Coffrini/AFP/Getty Images

Silicon Valley Bank's failure might just spark a faster housing rebound

Tech Insider

Can you believe it's only Thursday? Phil Rosen here. The sheer volume of financial news this week is enough to fill a very thick book — but if it's okay with you, today we'll keep it to a single newsletter. 

One thing I'm thinking about this morning: Elon Musk said he sees similarities between the Silicon Valley Bank collapse and the 1929 Wall Street crash.

First Republic Bank, which was downgraded to junk by S&P and Fitch, is looking at a possible sale: Bloomberg

Tech Insider
first republic bank
Shares of First Republic Bank are down 74% so far this year.

Justin Sullivan/Getty Images

A Silicon Valley Bank employee attempted to serenade Elon Musk with an Alanis Morissette parody, pleading for the billionaire to buy the failed bank

Tech Insider
Ironic parody
A Silicon Valley Bank employee sang a parody to Elon Musk, pleading for him to buy the bank.

LinkedIn/Mona Maitra

'Dr. Doom' Nouriel Roubini says Credit Suisse may be too big to save and risks igniting a 'Lehman moment'

Tech Insider
nouriel roubini
Nouriel Roubini

Bobby Yip/Reuters

Credit Suisse is just the 'tip of the iceberg' as banking turmoil snarls financial markets, JPMorgan Asset Management investment chief says

Tech Insider
Credit Suisse
Credit Suisse stock had its largest one-day selloff to date on Wednesday.

NurPhoto/Getty Images

Elizabeth Warren scoffs at the idea that banks like SVB can be trusted to do their own stress testing: 'I taught school for many, many years. And I did not let my students do their own testing'

Tech Insider : Economy, Politics
Massachusetts Sen. Elizabeth Warren
U.S. Sen. Elizabeth Warren criticized regulators this week for protecting SVB depositors following the bank's failure.

Win McNamee/Getty Images

The US is heading for a credit crunch and now is the time to buy gold and bitcoin, Galaxy CEO Mike Novogratz says

Tech Insider
Mike Novogratz

Lucas Jackson/Reuters

This banking crisis is different from the 2008-2009 financial crisis in 4 ways, Moody's chief economist Zandi says

Tech Insider : Economy
Mark Zandi
Mark Zandi, chief economist of Moody's Analytics, outlined four key differences between the banking crisis now and during the Global Financial Crisis.

REUTERS/Brendan McDermid

The Fed should keep up the fight against inflation as SVB collapse is not like the 2008 crisis, Morgan Stanley Wealth Management CIO says

Tech Insider
Federal Reserve Chairman Jerome Powell testifies during a Senate Banking Committee hearing on Capitol Hill in Washington, Tuesday, March 7, 2023.
Federal Reserve Chairman Jerome Powell testifies during a Senate Banking Committee hearing on Capitol Hill in Washington, Tuesday, March 7, 2023.

AP Photo/Andrew Harnik

Subscribe to SVB