Category: Stocks and Bonds

Hedge Funds That Bet on Credit Suisse Rescue Face Uneven Results

The New York Times – Business:
Among the funds to bet on the rescue deal were two that specialize in buying the bonds of companies on the brink of bankruptcy.
WeWork Reaches a Debt Restructuring Deal With SoftBank

The New York Times – Business:
The agreement will reduce the unprofitable office space company’s debt, giving it more financial breathing room.
Investors Warily Approach the End of a Tumultuous Week

The New York Times – Business:
The rescues of two ailing lenders provided a tenuous sense of relief in stock markets.
Will the Fed Keep Tightening as Banks Fail?

The New York Times – Business:
By quietly shedding billions in assets, the Fed is making conditions tighter for banks, home buyers and investors, our columnist says.
Low Rates Were Meant to Last. Without Them, Finance Is In for a Rough Ride.

The New York Times – Business:
Economists expected inflation and rates to stay low for years. With Silicon Valley Bank’s implosion, Wall Street is starting to reckon with how wrong that prediction has proved.
Stocks on Wall Street Rally, Even as Worry About Regional Banks Continues

The New York Times – Business:
The S&P 500 climbed by midday, but shares of First Republic Bank and other regional lenders continued to slide.
First Republic Bank Is Said to Be Exploring a Potential Sale

The New York Times – Business:
With its shares getting pummeled, one of the nation’s bigger banks is searching for options to shore up its finances and calm jittery investors.
U.S. regional banks like First Republic remain a source of worry.

The New York Times – Business:
Even as the stock price of Credit Suisse, the giant European lender, recovered after a plunge, shares of some midsize American banks plummeted on Thursday.
Asian Markets Drop After Credit Suisse Moves to Borrow Billions

The New York Times – Business:
Stocks were set to open higher in Europe and the United States after days of volatility, but markets in Asia were down as fears grew about unseen risks.
Goldman Sachs Draws Scrutiny Over Money Earned on Silicon Valley Bank Deal

The New York Times – Business:
Goldman bought a bond portfolio on which the bank had booked a $1.8 billion loss, while also trying to raise capital for the bank in its last days.
Swiss Authorities Say They Will Back Credit Suisse After Shares Plunge

The New York Times – Business:
The beleaguered Swiss lender tumbled on Wednesday, adding to concerns about the banking sector.
Credit Suisse Shares Slide After Shareholder Rules Out More Support

The New York Times – Business:
The beleaguered Swiss lenders tumbled on Wednesday, adding to concerns about the banking sector.