.BKX KBW Nasdaq Bank Index
- 105.298
- +0.428+0.41%
FDIC reforms give bank savers less protection
New rules implemented last month limit the Federal Deposit Insurance Corporation (FDIC) to insure trust accounts at $1.25 million.
美国FTC拟禁止华尔街竞业协议 但银行家和“园艺假”不在其中
对于华尔街的交易员和基金经理而言，如果以为当局对竞业协议的打击可以让自己无障碍跳槽到高薪竞争对手那里，估计是要大失所望的。
Bank of America reserve balances lost 286 billion dollars in a week, the biggest drop since the 2022 tax season
As Americans use bank accounts to pay income tax bills, the amount of reserves in the banking system experienced the biggest drop in two years.
US regional banks will remain under pressure
Although the crisis was overcome in 2023, the suffering of regional banks in the US is not over.
A new earnings season is about to begin, and the rise of large bank stocks is facing a test
Over the past six months, the stock prices of the largest banks in the US have all risen sharply and outperformed the S&P 500 index. As the new earnings season begins, it is a question whether these large banks can maintain this momentum.
US stocks closed | The NASDAQ rose slightly, Google rose more than 3% to a record high, Micron rose more than 5%, and Trump Media Technology fell more than 21%
Tesla's intraday decline of more than 3% covered most of the declines; Nvidia almost closed down, falling more than 1%; the chip stock index rose three times in a row, with Micron rising more than 5%; and Trump Media fell more than 21% after the earnings report.
When will the Federal Reserve end QT? Keep an eye on bank reserves and money market developments
The Federal Reserve faces yet another difficult challenge: reducing cash in the financial system without disrupting markets.
US stocks closed | The three major indices collectively closed down, Nvidia surged high and dived at the end of the session, and Tesla reversed the market and rose nearly 3%
The three major US stock indexes hit a one-week low during the intraday period, and the S&P Dow fell three times in a row. The AI “monster stock” ultra-microcomputer market initially rose 6% and then closed down nearly 2%; Trump's social media company debut closed up 16%. China's stock index fell four times in a row, with NIO falling more than 2%, Baidu falling nearly 2%, and Ali rising slightly.
Fed Rate Outlook Looks Just Right for Banks -- Heard on the Street -- WSJ
When it comes to interest rates, banks need a Goldilocks scenario: Not too hot, not too cold. The Federal Reserve looks set to deliver.
US stocks closed | NASDAQ closed at a record high, Nvidia rose more than 3% to a record high, and GTC increased by more than 7% during the week of the GTC conference
Only Apple, the “Seven Sisters” of technology, declined throughout the week. After the earnings report, FedEx rose more than 7%, Nike fell nearly 7%, leading the decline in Dow's constituent stocks; Reddit fell nearly 9% the day after listing. China's stock index fell nearly 2%. In the second week of the Dragon Year, Xiaopeng Motors fell nearly 8%.
Are “shorting forces” once again eyeing a new round of sharp decline in US commercial real estate regional banks preparing?
Commercial real estate is viewed by US stock investors as the area most likely to trigger a systemic credit incident; as commercial real estate prices plummeted, investors pulled out of real estate funds one after another.
US stocks closed | The three major indices collectively closed higher, and the S&P 500 closed at a new high; Nvidia closed lower and closed higher than 1%
Nvidia led fluctuations in large technology, AI, and chip stocks. The S&P index stopped falling and turned up in the afternoon. The Dow rose the most in three weeks, but the chip stock index fell to a low level for five to two weeks. AMD fell about 7% and then closed down nearly 5%. Oracle reached a record high in two days. The decline in China's stock index narrowed, and Xiaopeng Motor closed up 0.7% after opening 7% higher.
Bank of America CEO says commercial real estate will “slowly burn” the banking sector will take time to cope
After a regional bank in New York warned investors about its exposure to bad debt, Bank of America CEO Brian Moynihan said it would take time for the banking industry to resolve commercial real estate loan issues.
US stocks closed | The three major indices collectively closed higher, the NASDAQ rose nearly 1%, and Tesla rose more than 6% to lead large technology stocks
During the FOMC decision week, the market rapidly lowered its bet on the Fed's interest rate cut in June. S&P indicated an increase of more than 1% at the beginning of the session, and Nvidia closed up 0.7% after opening 5% higher, driving the increase in chip stocks to narrow in the afternoon. China's stock index opened high and went low. Ideal Auto fell by more than 12%, while Ehang Smart turned down for a while after rising 30%.
CICC: Risks in the US banking system may be exposed or continue to increase, but the probability of a systemic crisis is still limited
CICC released a research report saying that the current US commercial real estate risk is worth being wary of, but it is still not the most important macro risk
The US government's list of “problem banks” expanded again in the last quarter, FDIC says the banking industry is strong overall
The list of “problem banks” drawn up by the US government last quarter was once again lengthened. The rise in interest rates and the increase in overdue commercial real estate and credit card loans made some banks in trouble.
US stocks closed | NASDAQ fell nearly 2%, Nvidia rose nearly 1% to new highs, and MicroStrategy fell more than 21%
The three major US stock indexes closed down at least 1%, the NASDAQ hit a new low in nearly two weeks, and the Dow index hit a new low in two weeks. Tesla closed down nearly 4%, continuing to lead the “Seven Sisters” of technology. Apple fell nearly 3% and fell five times in a row; Nvidia turned up after falling more than 2% in the intraday; AMD smoothed out most declines after falling 3% in the intraday period, and TSMC's US stock fell more than 2%, all falling to historic highs.
Hawkish Fed Impedes Regional Banks' Efforts to Shed Commercial Real Estate Risks
(Feb 28): A hawkish Federal Reserve (Fed) is narrowing the window on trades that some US regional banks have been hoping to use to reduce their commercial real estate (CRE) exposure, investors, analysts and lawyers said. Banks, particularly small regional and community banks, have ...
The US banking sector is trying to “bargain” and the Basel Committee still urges banks to continue enforcing regulations
The Zhitong Finance App learned that the Basel Committee, the global banking regulator, said on Friday that banks' lobbying to downplay agreed capital rules will only divert the attention of banks and their regulators, leaving them with no time to take into account the daily risks and emerging risks they face.
Former US Treasury Secretary Summers: Investigating the risks associated with commercial real estate is even more important for the Federal Reserve
Former US Treasury Secretary Lawrence Summers said that it is correct for the Federal Reserve and other institutions to investigate financial risks related to commercial real estate; this is more important in the short term than considering raising the capital standards of large banks.