Mish Talk

SEPTEMBER 27, 2022

World Bank Goals The World Bank has two ambitious goals neither of which is climate change. At a New York Times sponsored event last week, Gore and Kerry accused World Bank President David Malpass of being a climate denier. But climate science is not part of Malpass' expertise, not should it be given World Bank goals.

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Banking Numbers Government Investing 312

Calculated Risk

MAY 8, 2023

Meanwhile, banks reported tighter standards and weaker demand for all commercial real estate (CRE) loan categories. In addition, banks reported tighter standards and weaker demand for home equity lines of credit (HELOCs). Meanwhile, demand weakened for all RRE loan categories. emphasis added Click on graph for larger image.

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The Irrelevant Investor

MARCH 25, 2023

The post Bitcoin Versus Banks appeared first on The Irrelevant Investor. Bitcoin fell 35% over the same time. From September through December 2018, the S&P 500 fell 20%. Bitcoin fell 43% over the same time. From February through M.

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Investing Caffeine

APRIL 3, 2023

Source: Trading Economics Unfortunately, this unparalleled spike in interest rates contributed to the 2nd and 3rd largest bank failures in American history, both occurring in March. Most notably, the Fed, FDIC, and Treasury jointly announced the guarantee of all deposits at SVB, shortly after the bank failure. Why did this happen?

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Your Richest Life

MARCH 31, 2023

Two major banks, the Silicon Valley Bank and Signature Bank, closed within a couple days of each other, marking the second and third largest bank failures in U.S. The interest rate increases, while necessary to tamp down inflation, puts added pressure on the banking system.

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Banking CFP Insurance Economy 98

Random Roger's Retirement Planning

MARCH 10, 2023

The stock market had a rough couple of days due to a couple of bank failures and a few other financials that got hit hard in what looks like sympathy. Silvergate (SI) is a player in the crypto world in a way that appears to be far more involved than just about any other bank out there. SI tells us nothing about the banking system.

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MarketWatch

MAY 25, 2023

New York City’s banking commission voted to freeze deposits at Capital One Financial Corp. s PNC PNC Bank and International Finance Bank to hold public funds, that statement said. The comptroller, Brad Lander, also voted against designating Wells Fargo & Co. WFC , PNC Financial Services Group Inc.’s after hours, while Key was 0.3%

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Commission Banking Financial Services Marketing 98

Advisor Perspectives

MAY 6, 2023

regional banking crisis is intensifying as rising interest rates put smaller banks at risk, leading to significant losses in the sector. Amid the turmoil, gold and gold mining stocks may offer investors a potentially safer alternative to manage risk.

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Wealth Management

MAY 31, 2023

A trio from the former Signature Bank will operate as an independent team associated with a branch of Cadaret Grant.

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Banking 105

Calculated Risk

FEBRUARY 28, 2023

The FDIC released the Quarterly Banking Profile for Q4 2022: Reports from 4,706 commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reflect aggregate net income of $68.4 The FDIC reported the number of problem banks decreased to 39. Total assets of problem banks declined $116.3

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Banking Insurance Assets Numbers 144

MarketWatch

MAY 19, 2023

The KBW Regional Bank index XX:KRX slumped over 3%, after a report from CNN that Treasury Secretary Janet Yellen told bank chief executives than more mergers may be necessary. The CNN report, citing two people familiar with the matter, raises the prospect that more regional banks would have to be bought by larger too-big-to-fail firms.

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Banking Marketing Marketing 76

MarketWatch

JUNE 1, 2023

FRBK, the parent of regional Republic Bank, said late Thursday it will merge branches and take other steps to cut costs in its retail banking division. Republic First Bancorp Inc.

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Integrity Financial Planning

MAY 2, 2023

With the recent turmoil in the banking sector, it’s understandable to worry about your bank savings. But before worrying, it’s important to know how your money in the bank is protected. First, let’s talk about how your bank actually stores your money. Banks are required to keep some money on hand, but not much.

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Dear Mr. Market

MARCH 17, 2023

Dear Mr. Market: SVB (Silicon Valley Bank) logo is seen through broken glass in this illustration taken March 10, 2023. Wash, rinse, repeat… Does that little preamble mean banking stocks now will be the oil stocks from just three years ago?

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Banking Assets Portfolio Marketing 59

Nationwide Financial

MARCH 27, 2023

Thoughts Equity markets look to extend their winning streak to three weeks despite continued uncertainty in the banking sector. Fund managers remain historically conservative per Bank of America’s Global Fund Manager Survey showing asset allocators long cash and short equities. over the past two weeks.

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Banking Marketing Marketing Asset Allocation 98

Calculated Risk

MARCH 10, 2023

To protect insured depositors, the FDIC created the Deposit Insurance National Bank of Santa Clara (DINB). At the time of closing, the FDIC as receiver immediately transferred to the DINB all insured deposits of Silicon Valley Bank. As of December 31, 2022, Silicon Valley Bank had approximately $209.0

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Discipline Funds

MARCH 20, 2023

We put together a brief video on the dynamics of what’s occurring in the banking system presently. We cover: How the credit cycle typically unfolds Why banks are being hurt in this environment I hope this adds some context to what’s going on and helps you better understand the current environment.

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Banking 105

Trade Brains

FEBRUARY 5, 2023

Fundamental Analysis of Yes Bank: The second half of the calendar year 2022 was about banking PSUs giving multi-bagger returns to their shareholders. But there is another bank, although not the government, that has come out of recovery. The infamous Yes Bank. Why did Yes Bank collapse? lakh crore at its peak.

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NAIFA Advisor Today

MAY 4, 2023

Financial Advisors are in the best position possible to be of service to their clients during this recent wave of banking news. Kevin O'Leary thinks regional banks and their shares are doomed.

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Discipline Funds

MAY 3, 2023

One of the interesting secular trends that has been in place for 30+ years is bank shrinkage. The US banking system has consolidated from 14,000+ entities in the late 1970s to just over 4,000 entities today. So the collapse of small banks is not surprising. Banks are the plumbing in our financial system.

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A Wealth of Common Sense

MARCH 14, 2023

By the weekend we would see the 2nd and 3rd largest bank failures in U.S. history, including the biggest bank run we’ve ever seen. We recorded our show on Tuesday.

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MarketWatch

MAY 31, 2023

s quarterly banking profile report provided no lift to bank stocks, which fell sharply on Wednesday. FDIC Chairman Martin Gruenberg said banks “face significant downside risks from the effects of inflation, rising market interest rates, slower economic growth, and geopolitical uncertainty.” The Federal Deposit Insurance Corp.’s

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Banking Insurance Economics Marketing 68

Wealth Management

APRIL 19, 2023

In the latest exodus from troubled First Republic Bank, a 17-member New York team has joined Rockefeller’s global family office, while another advisor goes to City National Bank.

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Banking 105

MarketWatch

APRIL 19, 2023

in premarket trades on Wednesday after the regional bank said it added $2 billion in deposits from March 31 to April 14. While we experienced elevated net deposit outflows immediately following the closure of other banks, deposit balances quickly stabilized,” the bank said. NYCB, M&T Bank Corp. RF to its best ideas list.

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Banking Valuation Taxes Insurance 75

Wealth Management

MARCH 22, 2023

Bank-affiliated brokers and advisors can expect more scrutiny to ensure bank capital and managed assets are separated, according to bank watchers. But in the eyes of clients, that may make little difference.

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Banking Assets Clients Management 105

Advisor Perspectives

MAY 31, 2023

Central bank digital currencies (CBDCs) are the next step in financial innovation. The government will do what it deems in its best interests. CBDCs will replace physical currency; it's just a question of when.

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MarketWatch

MAY 1, 2023

exchange-traded funds that invest in bank stocks were steady on Monday morning after regulators seized troubled First Republic Bank , making it the second-largest bank failure in U.S. Shares of the SPDR S&P Regional Banking ETF were down 0.5% and the SPDR S&P Bank ETF dropped 0.3%. The Invesco KBW Bank ETF was 0.7%

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Discipline Funds

MAY 8, 2023

In this post I am going to describe some of the dynamics of the banking panic from an operational perspective. The S&P regional bank index is now down -34% year to date and discussions of a credit crisis are running rampant. The Fed responded to this by re-pricing the overnight rate in the banking system.

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Wealth Management

APRIL 27, 2023

But the firm hopes to capitalize on opportunities in the wake of the crisis as banks look to diversify revenue streams with brokerage and wealth management services, says Dan Arnold.

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MarketWatch

APRIL 7, 2023

First Republic Bank FRC on Friday said it would halt paying quarterly cash dividends on its preferred stock. The move for the struggling bank, which teetered as its wealthy clients raced to get their money out following the collapse of Silicon Valley Bank and Signature Bank, comes after it suspended its common-stock dividend last month.

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MarketWatch

FEBRUARY 10, 2023

Analysts at Bank of America downgraded their rating on Deutsche Bank XE:DBKDB to underperform from neutral, though its price target was lifted to €11.45 Analysts led by Rohith Chandra-Rajan said Deutsche Bank will struggle to improve profitability as growth is heavily volume reliant, consuming cost and capital resources.

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Banking Distribution Marketing Marketing 73

Walkner Condon Financial Advisors

MARCH 16, 2023

Over the weekend, we learned that Silicon Valley Bank and two other banks failed and were taken over by the Federal Deposit Insurance Corporation (FDIC). These are the first bank failures since 2020 and three of the 563 that have taken place since 2001 ( [link] ). This insurance covers most individual depositors.

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Good Financial Cents

OCTOBER 3, 2022

If you’re currently holding your money in a bank that’s paying 0.0-something In this guide, we’re going to provide 11 of the best online banks, most of which pay interest rates on deposits well above “traditional” banks. We’ve listed all 11 banks, and their basic features. Our Picks for Best Online Banks.

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Banking Accounting Investing Investments 89

MarketWatch

MARCH 14, 2023

banking system to negative from stable. The rating agency said the move reflects “the rapid deterioration in the operating environment” following deposit runs and failures of Silicon Valley Bank, Signature Bank and Silvergate Bank. and the KBW Nasdaq Bank Index BKX up by 5.1%.

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