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BuzzFeed Inc. said Thursday it is shutting down BuzzFeed News and laying off about 15% of its workforce as founder and Chief Executive Jonah Peretti said it has…
Read more BuzzFeed stock plunges over 20% as media company shuts down BuzzFeed News, cuts jobsTrading in shares of First Republic Bank and Western Alliance Bancorp ended sharply lower in a tough day of trading for regional banks as fears over bank solvency…
Read more Western Alliance and First Republic clobbered as regional bank jitters persist despite Fed backstopsState authorities closed New York-based Signature Bank SBNY, -22.87% on Sunday, after Silicon Valley Bank was shut down by regulators on Friday in the biggest bank failure since…
Read more Crypto-friendly Signature Bank shut down by regulators after collapses of SVB, SilvergateSilicon Valley Bank has failed following a run on deposits, after its parent company’s share price crashed a record 60% on Thursday. Trading of SVB Financial Group’s SIVB,…
Read more 20 banks that are sitting on huge potential securities losses—as was SVBU.S. stocks ended sharply lower Friday as investors parsed mixed signals from the February jobs report amid ongoing concerns about contagion in the banking sector from the troubles…
Read more Dow suffers worst week since June as U.S. stocks end sharply lower after employment report, banking sector fearsU.S. stocks extended losses in the final hour of trade on Thursday, while awaiting Friday’s February employment data that could help decide how large an interest rate hike…
Read more Dow tumbles over 400 points in final hour of trade as investors await monthly employment reportSilvergate Capital Corp. SI, -5.76% shares plunged more than 30% in after-hours trading Wednesday after the company said it intended to wind down operations and voluntarily liquidate its…
Read more Silvergate Capital stock tanks as company plans to wind down its crypto-friendly bankSilvergate Discontinues a Key Service. It’s a Big Deal. Source link
Read more Silvergate Discontinues a Key Service. It’s a Big Deal.
