<![CDATA[CNBC - Finance]]> Follow CNBC - Finance, filter it, and define how you want to receive the news (via Email, RSS, Telegram, WhatsApp etc.) https://follow.it/cnbc-d-finance Tue, 28 Mar 2023 22:36:36 +0200 <![CDATA[SVB customers tried to withdraw nearly all the bank’s deposits over two days, Fed's Barr testifies]]> https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPV1TJiRsRGGrpVjH6qdYdAk The run on Silicon Valley Bank's deposits this month went far deeper than was initially known.]]> Tue, 28 Mar 2023 20:00:57 +0200 https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPV1TJiRsRGGrpVjH6qdYdAk <![CDATA[Stocks making the biggest moves midday: Micron, Paramount, McCormick and more]]> https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPWjYsZ_-GrQnHn9ye8UNv30 Check out the companies making headlines in midday trading Tuesday.]]> Tue, 28 Mar 2023 19:04:56 +0200 https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPWjYsZ_-GrQnHn9ye8UNv30 <![CDATA[Stocks making the biggest moves before the bell: Alibaba, Lyft, Walgreens and more]]> https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPVduQSQbToYCZs0ohxaO6Yr Alibaba shares jumped after the e-commerce giant said it would split its company into six separate business groups.]]> Tue, 28 Mar 2023 14:11:09 +0200 https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPVduQSQbToYCZs0ohxaO6Yr <![CDATA['Be very vigilant': Bank of England chief says the market is testing banks to identify weakness]]> https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPUBdka0wIkKiuT5HJgy6HUf Bank of England Governor Andrew Bailey on Tuesday vowed to be "very vigilant" amid ongoing volatility.]]> Tue, 28 Mar 2023 13:35:40 +0200 https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPUBdka0wIkKiuT5HJgy6HUf <![CDATA[This is not another banking crisis, analysts say — it's 'sentiment contagion' instead]]> https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPUBPTQcv_2FGOzdsCmHakzH Friday's plunge in Deutsche Bank's share price — despite relatively strong capital and liquidity positions — left many market watchers confounded.]]> Tue, 28 Mar 2023 07:59:53 +0200 https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPUBPTQcv_2FGOzdsCmHakzH <![CDATA[Private equity deals in Asia plunged 44% in 2022. More uncertainty may be ahead]]> https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPVV3WhgA6SELaCY3L745TL_ China and India accounted for a drop of $35 billion in total deal value for large growth deals for the year, Bain & Co said in a Tuesday report.]]> Tue, 28 Mar 2023 03:38:28 +0200 https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPVV3WhgA6SELaCY3L745TL_ <![CDATA[Stocks making the biggest midday moves: Coinbase, First Citizens, Roku and more]]> https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPWbf8OAculx5ZVjH6qdYdAk These are the stocks posting some of the largest moves at midday.]]> Mon, 27 Mar 2023 18:34:20 +0200 https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPWbf8OAculx5ZVjH6qdYdAk <![CDATA[Fed's Barr calls Silicon Valley Bank failure a 'textbook case of mismanagement']]> https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPV1I-O946OsbCejEQ2Mq9rY The Federal Reserve's top banking regulator said Monday that the failure of the Silicon Valley Bank was due largely to mismanagement.]]> Mon, 27 Mar 2023 18:05:02 +0200 https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPV1I-O946OsbCejEQ2Mq9rY <![CDATA[Here’s why the U.S. had to sweeten terms to get the SVB sale done]]> https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPUOrs482ZS8OpVjH6qdYdAk The winning bidder in the government's auction of Silicon Valley Bank's main assets got several concessions to make the deal happen.]]> Mon, 27 Mar 2023 16:18:50 +0200 https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPUOrs482ZS8OpVjH6qdYdAk <![CDATA[Stocks making the biggest moves premarket: Pinterest, First Citizens, Caterpillar & more]]> https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPW9--jT7CmHc-zdsCmHakzH Regional banks rose following a report that U.S. authorities were considering expanding government support for banks to provide additional liquidity.]]> Mon, 27 Mar 2023 14:13:45 +0200 https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPW9--jT7CmHc-zdsCmHakzH <![CDATA[Saudi National Bank chair resigns just days after Credit Suisse comments sparked sell-off]]> https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPV_BVCw9HZOxZVjH6qdYdAk Al-Khudairy's resignation comes days after his comments fueled investor panic and contributed to a selloff in the shares of embattled lender Credit Suisse.]]> Mon, 27 Mar 2023 10:40:51 +0200 https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPV_BVCw9HZOxZVjH6qdYdAk <![CDATA[First Citizens to buy large chunk of failed Silicon Valley Bank]]> https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPWdas-ztT1Ewnn9ye8UNv30 The deal will see First Citizens Bank purchase approximately $72 billion of SVB assets at a discount of $16.5 billion.]]> Mon, 27 Mar 2023 08:01:51 +0200 https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPWdas-ztT1Ewnn9ye8UNv30 <![CDATA['The first bank crisis of the Twitter generation': The pressure on banks is very different to 2008]]> https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPW3tVxGhDp69SlmFkX7M1Jw Credit Suisse and Silicon Valley Bank may have collapsed but a financial crash today would be very different to the 2008 crisis.]]> Mon, 27 Mar 2023 07:30:59 +0200 https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPW3tVxGhDp69SlmFkX7M1Jw <![CDATA[Pfizer signs agreement with China on improving health coverage in the country]]> https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPXSjMd14H5Kbcb1naedg1wr U.S. pharma giant Pfizer has signed an agreement with China to cooperate on improving the country's health coverage, according to the company.]]> Mon, 27 Mar 2023 04:47:42 +0200 https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPXSjMd14H5Kbcb1naedg1wr <![CDATA[China's debt-heavy local governments look for new ways to raise cash]]> https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPVaAAlueDK-gSlmFkX7M1Jw Debt-heavy local governments in China need new ways to raise money under a central regime keen on reducing financial risks.]]> Mon, 27 Mar 2023 03:26:55 +0200 https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPVaAAlueDK-gSlmFkX7M1Jw <![CDATA[Deposit drain from smaller banks into financial giants like JPMorgan Chase has slowed, sources say]]> https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPVZtgJeAjE1-eT5HJgy6HUf Uncertainty caused by the collapse of Silicon Valley Bank this month triggered outflows and plunging share prices at peers including First Republic and PacWest.]]> Sat, 25 Mar 2023 21:34:17 +0200 https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPVZtgJeAjE1-eT5HJgy6HUf <![CDATA[Bank turmoil is boosting appetite for specific sector ETFs. Here’s why]]> https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPXrsUiP8fLPucb1naedg1wr It appears a certain group of ETFs is gaining popularity as a way to cushion financial system upheaval.]]> Sat, 25 Mar 2023 17:00:01 +0200 https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPXrsUiP8fLPucb1naedg1wr <![CDATA[Investing isn't free. But here's why 20% of investors think it is]]> https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPXKgn5aMPzBM6CY3L745TL_ Investors pay fees each year for mutual funds, financial advice and other services. Many aren't aware of these costs, which add up over the long term.]]> Sat, 25 Mar 2023 15:00:01 +0200 https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPXKgn5aMPzBM6CY3L745TL_ <![CDATA[Nearly $100 billion in deposits pulled from banks; officials call system 'sound and resilient']]> https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPWaAnwC2iencl1cWWor9YPv Regulators again assured the public that the system is safe, which came as data showed customers pulled nearly $100 billion in deposits.]]> Fri, 24 Mar 2023 22:56:41 +0200 https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPWaAnwC2iencl1cWWor9YPv <![CDATA[Key lawmakers say upcoming hearings on bank failures aim to boost U.S. confidence in banking sector]]> https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPUDj35T5WrWg3n9ye8UNv30 Lawmakers responsible for federal oversight say upcoming hearings on the failures of Silicon Valley Bank and Signature Bank will bolster confidence in banks.]]> Fri, 24 Mar 2023 19:42:05 +0200 https://api.follow.it/track-rss-story-click/v3/xaPjk4ftxPUDj35T5WrWg3n9ye8UNv30