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Uncertainty caused by the collapse of Silicon Valley Bank this month triggered outflows and plunging share prices at peers including First Republic and PacWest.
Regulators again assured the public that the system is safe, as data showed customers pulled nearly $100 billion in deposits.
Central banks and regulators had hoped that the Credit Suisse rescue deal would help calm investor jitters about the stability of Europe’s banks.
The consumer culture on indie reselling platforms has shifted as more sellers compete to capture demand and more inflation-weary customers hunt for deals.
Luminar’s shares have fallen 16% since the downgrade. Now, the company’s CFO is taking his rebuttal directly to shareholders.
While early pandemic saw an unprecedented online shopping boom, in-person shopping has been ready for a resurgence, as shoppers return to reopened stores.
Deutsche Bank shares fell 11% on Friday after a spike in credit default swaps on Thursday night, as concerns about the stability of Europe’s banks persisted.
These are the stocks posting the largest moves in early morning trading.
Deutsche Bank shares fell 9% in early trade on Friday after a spike in credit default swaps on Thursday night, as concerns about the stability of...
China said that it would “strongly oppose” a forced sale of TikTok from its parent ByteDance, as the app faced intense scrutiny and a potential ban...
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