KRE

First Republic and PacWest Bancorp Stocks Rebound After Post-Fed Losses

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First Republic and PacWest Bancorp Stocks Rebound After Post-Fed Losses

Regional bank stocks looked set to rebound early Thursday as the market digested remarks made by Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen. Citigroup (ticker: C) CEO Jane Fraser added her vote of confidence into the mix, as she said the banking system is “pretty sound,” at the Economic Club of Washington … Read more

From SVB’s sudden collapse to Credit Suisse’s fallout: 8 charts show turbulence in financial markets

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From SVB’s sudden collapse to Credit Suisse’s fallout: 8 charts show turbulence in financial markets

A tumultuous week in the U.S. financial markets ended on an uncertain note Friday after a massive $30 billion injection of big-bank deposits into First Republic Bank failed to calm investors.  Last week, the sudden meltdown of three U.S. banks – Silvergate Capital, Signature Bank SBNY and Silicon Valley Bank – began to rekindle concerns … Read more