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2 mins read

First Republic stock jumps 18% to lead regional bank shares higher after SVB finds a buyer

First Republic Bank led a pack of US regional bank stocks, which rose on news that failed Silicon V…

Zinya Salfiti   


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4 mins read

I bought my first house in rural Scotland at 22. Housing is affordable in the countryside and I love it here.

After moving from India to Scotland for university, Simran Kaur decided to settle in the countrysid…

Gouri Sharma   


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2 mins read

Why it's not that great that everyone is flocking to their online bank

Even though they took a hit following the banking turmoil earlier this year, small and regional ban…

Josée Rose   


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2 mins read

EU reaches provisional agreement on landmark AI Act, a global first

The EU's AI Act is set to be the world's first comprehensive set of rules to govern AI and user …

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3 mins read

US banks have well over $1 trillion of uninsured deposits. Signature Bank was among the most exposed.

The US government shut another financial institution on Sunday. This time it was Signature Bank, wh…

Alistair Barr   


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8 mins read

ULIPs are not for senior citizens — Here’s how to pick the right investments to secure the golden years of your life

In the last few days, Twitter has been awash with tweets about senior citizens being mis-sold ULIPs…

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3 mins read

Fed policy is weighing on US banks. Here's everything to know about the Moody's downgrades.

Moody's downgraded 10 US banks on Monday, and placed other lenders under review for potential ratin…

Phil Rosen   


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7 mins read

An Oklahoma bank CEO who responded to a tweet from Mark Cuban used his advice to get cash into customers' hands in less than a week

Mark Cuban helped CEO Jill Castilla provide financial assistance to her community in a matter of da…

Laura Grace Tarpley   


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1 min read

Pocket FM raises $16 million in debt funding from Silicon Valley Bank

Audio streaming platform Pocket FM on Tuesday announced that it has raised $16 million in debt fund…

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3 mins read

Silicon Valley Bank's collapse means startups and VCs face billions in losses

Moody's said up to a fifth of SVB's uninsured deposits may not be recovered if the bank is wound up.

Ryan Hogg   


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2 mins read

US stocks rise as Silicon Valley Bank deal pushes regional lenders higher

First Citizens has bought more than 20 other firms since 2008, and it now owns 17 branches of Silic…

Phil Rosen   


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1 min read

Ukraine asks its citizens to leave Russia immediately

Ukraine has urged its citizens living in Russia to leave the country immediately, BBC reported.

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2 mins read

US stocks slip as yields creep higher on easing concerns about banking system stress

Upbeat developments in the banking industry gave room for Treasury yields to rise on Tuesday, putti…

Carla Mozée   


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1 min read

David Einhorn's Greenlight Capital snapped up 2 regional banking stocks during last quarter's turmoil

Einhorn joined "Big Short" legend Michael Burry, who also piled into regional lenders during a quar…

George Glover   


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4 mins read

Banks' internship and analyst programs could be in flux, and that might spell bad news for senior dealmakers

Some college students are feeling uneasy about the status of their Wall Street internships and anal…

Dan DeFrancesco   


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3 mins read

First, Barbados said goodbye to the Queen and dubbed Rihanna a 'national hero.' Now, it wants to give money to its citizens forever.

Barbados better have my money. You don't have to work work work for it. Barbados is proposing unive…

Jason Lalljee   


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10 mins read

Warren Buffett tears into banks, trashes bitcoin, and warns inflation and recession can lead to big problems

Warren Buffett accused banks of misleading accounting, compared crypto buyers to gamblers, and flag…

Theron Mohamed   


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1 min read

Investors are flocking to these well capitalized regional banks after SVB's collapse, market analyst says

Despite fallout from SVB, investors have already began returning to bank stocks, and should seek ou…

Filip De Mott   


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2 mins read

US stocks fall as rising bond yields pressure tech amid easing banking sector fears

The S&P 500 slumped for the first time in four sessions, with tech stocks feeling the weight of a r…

Carla Mozée   


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2 mins read

HDFC Bank Parivartan signs MoU with IISc, pledges Rs 107.76 cr

HDFC Bank Parivartan has signed a Memorandum of Understanding (MoU) with the Indian Institute of Sc…