It’s not just regional bank stocks that have been hit by the recent banking crisis – large-cap bank stocks have also fallen. But some analysts believe the drop is overdone and retail investors flocked to buy the drop in the biggest traditional US banks last week. Still, there may be more room to run. JPMorgan … Read more
A tumultuous week in U.S. financial markets ended on an uncertain note on Friday after a massive injection of $30 billion in deposits from major banks into First Republic Bank failed to calm investors. Last week, the sudden collapse of three US banks – Silvergate Capital, Signature Bank SBNY and Silicon Valley Bank – began … Read more
Shares of Silicon Valley Bank fell for the second day on Friday and again weighed on the wider banking sector on fears that more banks could take heavy losses on their bond portfolios. Concern among founders and venture capitalists grew earlier this week after Silicon Valley Bank surprised the market by announcing late Wednesday that … Read more
