Contagion | iCloud.Info

Contagion

Billionaire Apollo co-founder Marc Rowan sees the 2nd wave of bank stress coming as commercial real estate concerns mount

Mon, 05/01/2023 - 16:01

Marc Rowan — Marc Rowan, Apollo co-founder.
Reuters

Markets, MI Exclusive, Marc Rowan, Banking Crisis, Commercial Real Estate, Credit Crunch, first republic bank crash

Fed Chair Jerome Powell reportedly blocked a statement on regulatory flaws that led to SVB's collapse

Fri, 03/17/2023 - 13:32

jerome powell — Chairman of the Federal Reserve nominee Jerome Powell testifies during his confirmation hearing before the Senate Banking, Housing and Urban Affairs Committee November 28, 2017 on Capitol Hill in Washington, DC.
Alex Wong/Getty

Markets, MI Exclusive, Silicon Valley Bank collapse, SVB, Banking Crisis, Financial Crisis, Banking Regulation

'Shark Tank' investor Kevin O'Leary says he's telling startup CEOs to limit bank deposits and brace for the next 'black swan idiot' blowup

Thu, 03/16/2023 - 14:20

kevin oleary shark tank — Kevin O'Leary.
Mark Davis / Staff / Getty Images

Markets, MI Exclusive, Kevin O'Leary, Silicon Valley Bank, Silicon Valley Bank collapse, SVB, Contagion

Dow tumbles nearly 500 points as Credit Suisse stokes fears of bank failure contagion

Wed, 03/15/2023 - 09:36

traders NYSE — Scott Olson/Getty Images

Markets, MI Exclusive, Stock market news today, Dow, sp500, Silicon Valley Bank, Credit Suisse

'Dr Doom' Nouriel Roubini warns SVB's collapse could spread havoc beyond the US

Wed, 03/15/2023 - 08:48

Nouriel Roubini economics professor at New York University — Nouriel Roubini, economics professor at New York University.
Photo by Pier Marco Tacca/Getty Images

Markets, MI Exclusive, Stocks, Nouriel Roubini, SVB, Credit Suisse, Financial Contagion

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

Tue, 03/14/2023 - 06:10

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.

Markets, Newsletter, 10 things, 10 things opening bell, Silicon Valley Bank, Silvergate Bank, Signature Bank

It's crystal clear now: More banks are going to fail

Mon, 03/13/2023 - 14:33

nyse svb first republic trading floor — Timothy A. Clary/AFP via Getty Images

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

The rescue of SVB and Signature Bank depositors leaves the incentive for bank runs, Wharton finance professor says

Mon, 03/13/2023 - 13:36

A worker arrives to the Signature Bank headquarters in New York City, U.S., March 12, 2023. REUTERS/Eduardo Munoz — Signature Bank headquarters in New York City.
REUTERS/Eduardo Munoz

Markets, MI Exclusive, Bank Run, Signature Bank, Dodd-Frank, Silicon Valley Bank, Financial Crisis

Subscribe to Contagion