Banking Crisis triggered by the recent collapse of Silicon Valley Bank (SVB) with nearly $200 billion in uninsured deposits, the 2nd largest bank failure in U.S. history, has sent shockwaves through the financial industry. But according to sources close to the matter, the Federal Deposit Insurance Corporation (FDIC) has known about this looming crisis for…
Fed’s balance sheet increased last week and it has caused concern among investors, but it’s a necessary move to ensure that the economy continues to recover. The banking industry is in crisis, and the Fed’s intervention is necessary to provide liquidity and support. While inflation is a concern, the Fed is willing to take the…
National CineMedia (NCMI) reported Q3 2022 revenue of $54.50 million, an increase of 71.92% YoY. However, the company missed the earnings and revenue estimates by -8.33% and 0.37%, respectively. The company’s stock price has a 52-week high of $2.71 and a 52-week low of $0.16. The stock price history shows a beta of 1.98, indicating…
SVB Financial Group $SIVB, the parent of Silicon Valley Bank, has experienced a significant decline in its share price, which has triggered a massive selloff in the bank shares. Investors have been dumping their shares in the bank after it announced that it lost nearly $2 billion selling assets, following a larger-than-expected decline in deposits.…
The risk management is a critical part of the finance industry. The stock market, oil industry, and other areas of finance all have their unique risks and opportunities for profit. However, these must be managed correctly to ensure that the investment is profitable. Companies and individuals must be transparent and accountable, and the industry as…