Finance

Asia-Pacific’s private equity market plummeted last year — as investors’ appetite for risk fell in the face of inflation and geopolitical tensions, according to Bain & Company. The total deal value for the region plunged by 44% to $198 billion in 2022, the global management and consulting firm said in a Tuesday report. That’s compared

In this article CCL PACW FCNCA COIN Follow your favorite stocksCREATE FREE ACCOUNT Jakub Porzycki | Nurphoto | Getty Images Check out the companies making the biggest moves midday: Coinbase Global — Shares of the cryptocurrency exchange tumbled 7.8% in midday trading, along with Bitcoin and ether, after the Commodity Futures and Trading Commission filed

In this article FCNCA Follow your favorite stocksCREATE FREE ACCOUNT Photo illustration, the Silicon Valley Bank logo is visible on a smartphone, with the stock market index in the background on the personal computer on March 14, 2023, in Rome, Italy. Andrea Ronchini | Nurphoto | Getty Images First Citizens BancShares will buy Silicon Valley

Pfizer CEO Albert Bourla speaks during the China Development Forum in Beijing on March 25, 2023. Lintao Zhang | Getty Images News | Getty Images BEIJING — U.S. pharma giant Pfizer has signed an agreement with China to cooperate on improving the country’s health coverage, according to the company. “We are aligned very much with

In this article 0R3T-GB UBSG-CH CSG.N-CH Follow your favorite stocksCREATE FREE ACCOUNT Axel Lehmann, chairman of Credit Suisse Group AG, Colm Kelleher, chairman of UBS Group AG, Karin Keller-Sutter, Switzerland’s finance minister, Alain Berset, Switzerland’s president, Thomas Jordan, president of the Swiss National Bank (SNB), Marlene Amstad, chairperson of the Swiss Financial Market Supervisory Authority

In this article JPM WFC GME SQ Follow your favorite stocksCREATE FREE ACCOUNT Jack Dorsey, chief executive officer of Square Inc., second right, tours the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Nov. 19, 2015. Yana Paskova | Bloomberg | Getty Images Check out the companies making headlines

In this article PPI SIVB .SPX Follow your favorite stocksCREATE FREE ACCOUNT It appears specific sector ETFs are gaining popularity as a way to cushion bank-turmoil fallout. According to VettaFi’s Todd Rosenbluth, the trend applies to ETFs holding only a few large companies in particular industries. “[They’re] going to be a complement to a broader

First Republic Bank headquarters is seen on March 16, 2023 in San Francisco, California, United States. Tayfun Coskun | Anadolu Agency | Getty Images The surge of deposits moving from smaller banks to big institutions including JPMorgan Chase and Wells Fargo amid fears over the stability of regional lenders has slowed to a trickle in

Rep. Patrick McHenry (R-NC) and Chairman of the House Financial Service Committee Maxine Waters (D-CA) listen as David Marcus, CEO of Facebook’s Calibra, testifies on “Examining Facebook’s Proposed Cryptocurrency and Its Impact on Consumers, Investors, and the American Financial System” on Capitol Hill in Washington, U.S., July 17, 2019. Joshua Roberts | Reuters WASHINGTON —

A First Citizens Bank branch in Dunwoody, Georgia, on Thursday, March 23, 2023. Elijah Nouvelage | Bloomberg | Getty Images Regulators again assured the public that the banking system is safe, as fresh data showed customers recently pulled nearly $100 billion in deposits. Treasury Secretary Janet Yellen, Federal Reserve Chairman Jerome Powell and more than

In this article 0H7D-GB Follow your favorite stocksCREATE FREE ACCOUNT A general meeting of Deutsche Bank Arne Dedert | picture alliance | Getty Images Deutsche Bank shares slid Friday while the cost of insuring against its default spiked, as the German lender was engulfed by market panic about the stability of the European banking sector.

In this article 0H7D-GB .BBKA Follow your favorite stocksCREATE FREE ACCOUNT Deutsche Bank shares fell by more than 14% on Friday following a spike in credit default swaps on Thursday night, as concerns about the stability of European banks persisted. The German lender’s shares retreated for a third consecutive day and have now lost more

In this article BNB.CM= Follow your favorite stocksCREATE FREE ACCOUNT Binance is the world’s biggest cryptocurrency exchange, handling $490 billion of spot trading volumes in March 2022. Akio Kon | Bloomberg | Getty Images Binance is the world’s largest crypto exchange by volume and assets, processing $9.5 trillion worth of trades in 2021 alone. But

Courtney Lee #5 and Chandler Parsons #25 of the Houston Rockets come together during their game at Staples Center on April 6, 2012 in Los Angeles, California. Andrew D. Bernstein | National Basketball Association | Getty Images Former Morgan Stanley advisor Darryl Cohen was arrested on Thursday morning for allegedly defrauding current and former NBA

In this article KRE FRC PACW Follow your favorite stocksCREATE FREE ACCOUNT First Republic Bank headquarters is seen on March 16, 2023 in San Francisco, California. Tayfun Coskun | Anadolu Agency | Getty Images Regional bank stocks spiraled lower Wednesday as investors weighed the Federal Reserve’s latest interest rate hike and commentary about the health

United States Federal Reserve building, Washington D.C. Lance Nelson | The Image Bank | Getty Images The Federal Reserve will hike interest rates just one more time in 2023 before the central bank ends its inflation battle, according to its median forecast released Wednesday. The Fed kept the “terminal rate,” or the rate at which

The logo of NVIDIA as seen at its corporate headquarters in Santa Clara, California, in May of 2022. Nvidia | via Reuters Check out the companies making headlines in midday trading. Nvidia — Nvidia shares gained 1%, building on their recent outperformance. Wall Street analysts lauded the company’s artificial intelligence leadership following its developer conference

Jerome Powell, chairman of the US Federal Reserve. Bloomberg | Bloomberg | Getty Images The Federal Reserve will close its two-day meeting Wednesday with a heavy air of uncertainty as the central bank moves forward in its efforts to bring down inflation and stabilize the troubled banking sector. At the moment, those two goals seem

In this article UBSG-CH CSG.N-CH Follow your favorite stocksCREATE FREE ACCOUNT Signage for Credit Suisse Group AG outside a building, which houses the company’s branch, in Tokyo, Japan, on Monday, March 20, 2023. UBS Group AG agreed to buy Credit Suisse Group in a historic, government-brokered deal aimed at containing a crisis of confidence that

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Treasury Secretary Janet Yellen was scheduled to speak Tuesday morning to the American Bankers Association conference in Washington, D.C. related investing news JPMorgan’s Kolanovic warns of possible ‘Minsky moment’ ahead