The bank’s shares fell by about 50 percent on Tuesday, a day after it said customers had pulled $100 billion in deposits in the first quarter.
Category: New York Stock Exchange
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N.Y.S.E. Glitch Leads to Wild Swings in Share Prices
The New York Times – Business:Prices eventually returned to normal levels, but the turmoil left some traders uncertain of whether their orders were placed.
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Ralph DeNunzio, Wall Street Chieftain, Is Dead at 90
The New York Times – Business:He was chairman of the New York Stock Exchange and rose to lead the venerable securities firm Kidder, Peabody, but stepped down after it was caught up in a 1980s insider-trading scandal.