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HomeBanks

Banks

nuclear energy
Finance

Call for banks to back nuclear energy projects

September 20, 2024 Mariel Alumit

Nuclear energy is increasingly being discussed as a key component in global efforts to improve energy security. At the “Roadmaps to New Nuclear” conference in Paris, nuclear industry associations from various countries, including the US, […]

Unrealized Losses
Finance

Status of Banks’ Unrealized Losses in Q1: Worsened after Brief Rate-Cut-Mania Relief

May 29, 2024 Stu Turley

By Wolf Richter for WOLF STREET. In Q1 2024, “unrealized losses” on securities held by commercial banks increased by $39 billion (or by 8.1%) from Q4, to a cumulative loss of $517 billion. These unrealized losses amount to […]

US Regional Banks
Finance

US Regional Banks Dramatically Step Up Loans to Oil and Gas

April 15, 2024 Mariel Alumit

(Bloomberg) — A group of US regional banks is ratcheting up lending to oil, gas and coal clients, grabbing market share as bigger European rivals back away. The list of banks includes Citizens Financial Group […]

Price
Bankruptcy

10 Banks’ Profit Is About To Completely Fall Apart, Analysts Warn

April 11, 2023 Mariel Alumit

Just when you thought the banking crisis was over — you’d better brace for an onslaught of big drops in bank profit. Hopefully you aren’t caught flat-footed. Analysts are predicting massive 30% or greater declines […]

Zero Edge

How The Fed Broke The Banks

March 15, 2023 Mariel Alumit

Authored by Joakim Book via Reason.com, The Federal Reserve is in the unenviable position of achieving its mandate by crashing the economy. It’s not something it wants to do, as Fed Chair Jerome Powell meekly […]

Deposits
Investments

Report: 10 Banks Are Most Exposed To Uninsured Deposits

March 15, 2023 Mariel Alumit

High levels of uninsured deposits helped do in Silicon Valley Bank and Signature Bank. But it turns out they’re not alone. Ten banks owned by U.S.-listed financial companies — including Bank of New York Mellon […]

Finance

Banks Are Holding Twitter Buyout Debt Until Twitter’s Path Is Clearer The Daily Financial Trends

October 25, 2022 Mariel Alumit

The banks financing Elon Musk’s acquisition of Twitter to the tune of $13 billion have abandoned plans to sell the debt to investors due to uncertainty around the social media giant’s future, as well as […]

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