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: Silicon Valley Bank
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As Fears of Banking Crisis Surged, Members of Congress Sold Bank Stocks
The flurry of transactions highlighted how members of Congress continue to buy and sell stocks in industries that intersect with their official duties.
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Goldman Sachs Earnings Disappoint Investors
The Wall Street giant’s latest financial results show how its push into consumer banking remains a drag on its overall business.
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What Bank Earnings Reveal About the Health of the Economy
JPMorgan Chase and Wells Fargo reported solid earnings on Friday, but big questions remain about the sector’s health and a potential recession.
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How Silicon Valley Bank’s Failure Could Have Spread Far and Wide
New research suggests large parts of the country remain vulnerable to widespread bank failure in the event of a run on deposits.
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Earnings Season Arrives With Recession Fears Front and Center
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Why Drugmakers’ Abortion Pill Battle is Such a Big Deal
The decision by a Texas judge to overturn F.D.A. approval for the abortion pill mifepristone could upend the pharmaceutical industry.
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From Winemakers to Builders, Borrowers Brace for Fallout From Bank Turmoil
Economists are watching for the aftereffects of recent bank collapses across many industries. How bad could it get?
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What Next for Banks?
The wider reverberations from the collapse of Silicon Valley Bank will be felt for some time, and investors are watching for new signs of trouble.