Oil and energy sizzles but BofA's Sell Side Indicator shows sentiment worse than Financial Crisis lows
The Nasdaq is up from its December low to enter bull market territory, the S&P 500 is still above 4K and Bitcoin is tanking courtesy of Binance.
A former mammoth CEO is returning to the mammoth task of integrating failed rival Credit Suisse.
Some call it laying off, others call it shuttering divisions, others brand it as splitting but downsizing divisions, and some still call them furloughs.
SVB’s failure is estimated to be $20B, but First Citizens is coming to the citizens' rescue.
Yellen and Powell are facing off in how the US treats bank depositors, and Big Tech CEOs are facing off against regulators and short sellers.
Fed is hiking while banks are failing and their sector is falling post-FOMC.
Indices are rising ahead of tomorrow's FOMC, housing is falling and the Fed may be hiking.
Banking rivals rivaling over whether to call it a "merger" or "acquisition," and central banks rivaling national ones over this week's headlines.
The Swiss National Bank just fired off a $54B liquidity lifeline to Credit Suisse, green-lighting Europe's latest rate hike.
Switzerland is bullish on the rebrand, announcing an hour ago that it would provide CS a lifeline of liquidity.
US inflation cooled to its lowest level since September 2021, but bank collapses have made sure the Fed remains in the spotlight.
