Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. There was increased volatility in the retail market on Monday because of the effects triggered by the closure of Silicon Valley Bank last week. On Monday, retail trading volumes for securitized derivatives nearly… Continue reading Retail markets cool down after havoc caused by SVB’s collapse
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Cyprus Securities and Exchange Commission (CySEC) has shared the regulatory activities that it completed in 2022. The regulator said it supervised 837 regulated institutions by the end of 2022. It also imposed… Continue reading CySEC supervised 837 entities and imposed €2.9 million in fines
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Facebook’s parent company, Meta, has announced that it will be laying off an additional 10,000 employees. Meta had already laid off around 13% of its workforce in the fall, and it has become… Continue reading Meta announces plans to lay off another 10,000 employees
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. eToro, a social trading network based in Israel, has lowered the leverage that can be taken on new trading positions within the banking sector. Traders on the platform have been limited to maximum… Continue reading eToro reduces leverage on new positions in the banking sector amid the SVB crisis
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. First Republic, a private bank based in the United States, has revealed that it obtained additional financing through JPMorgan Chase & Co. The additional funding gave the bank access to $70 billion worth… Continue reading US private bank First Republic secured additional financing through JPMorgan
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Authorities in the United States announced a series of emergency measures that could be taken to boost confidence in the US banking system. The authorities are taking these measures to boost confidence in… Continue reading All SVB depositors will get their funds as US regulators seek to boost confidence
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. State regulators have closed New York-based Signature Bank, marking the third-largest banking failure in the United States. Signature Bank was closed two days after authorities in the country closed Silicon Valley Bank after… Continue reading New York state regulators shut down Signature Bank amid SVB turmoil
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The shares of Credit Suisse dropped to a new record low during the Monday morning trading hours at the Switzerland stock exchange. The plunge comes amid a poor performance of bank stocks across… Continue reading Credit Suisse shares feel the pinch of the collapse of SVB and Signature banks
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The mutual funds managed by Morgan Stanley, Fidelity, and BlackRock have the highest exposure to the collapsed Silicon Valley Bank and Signature Bank. The US banking sector has been facing a crisis triggered… Continue reading Mutual funds Morgan Stanley and BlackRock exposed to regional bank failures
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The UK is introducing an “economic crime levy” that will be used to support the government’s fight against financial crimes and boost its efforts in combating money laundering. The Financial Conduct Authority will… Continue reading UK’s FCA to collect an economic crime levy to fight financial crime
