El-Erian Says US Banks Need a ‘Circuit Breaker’ After Upheaval
Mohamed El-Erian says the latest upheaval surrounding First Republic Bank will make banks rethink their standards and prepare for tougher regulation.
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US Bank Giants Cut Direct Exposure to Credit Suisse for Months
Biggest US banks have been whittling down their direct exposure to Credit Suisse Group AG for months.
Dash for Cash by Banks Fuels Signs of Tension in Funding Markets
Signs of increased pressure w/in US dollar funding markets as fears grow around outlook for banks and turmoil drives lenders to shore up own cash buff
Silicon Valley Bank Committed 'One of the Most Elementary Errors in Banking,' Larry Summers Says
SVB failed because its managers made a textbook mistake, according to former Treasury Secretary Larry Summers.
Who Saw It Coming? Short Sellers Were Out Front of Bank Upheaval
While this week’s bank-stock drama blindsided most of the market, at least one corner of Wall Street spied trouble ahead.
Wall Street Expects to Boost Hiring to Fill Electronic-Trading Roles
(Bloomberg) - Banks and broker-dealers are planning to add headcount in equities electronic-trading roles, bucking the trend in other Wall Street businesses where workforces are being cut.
Stock Pickers Reckon It's Time to Move on From Central Banks
Stock market investors are calling time on the idea that the Federal Reserve, and other major central banks, have their back.
