Market News

News releases related to the current (March) banking crisis and its widespread impact on the economy

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Read all the latest Financial Services & Investing news.

09:00 ET How the Banking Fiasco Caused Gold Price and Interest in Gold Miners to Surge

USA News Group - In the immediate aftermath of the SVB banking fiasco, safe haven seeking investors flocked to gold causing the precious metal's...

Mar 21, 2023, 09:02 ET Roundhill Launches BIGB, the First-Ever ETF with Concentrated Exposure to Six Largest U.S. Banks

Roundhill Investments ("Roundhill"), an ETF sponsor focused on innovative financial products, is pleased to announce the launch of the Roundhill BIG...
This TEDx Talk by J Mase III Will Change How You Think About Money (& Scam Artists)

Mar 21, 2023, 08:39 ET This TEDx Talk by J Mase III Will Change How You Think About Money (& Scam Artists)

In 2023, Americans have questions about where to put their trust and money in the midst of multiple bank collapses and government bailouts for...

Mar 21, 2023, 08:30 ET AUTONOMIC launches Fellowship Program for founders and their teams who have been impacted by the Silicon Valley Bank failure

KELOWNA, BC, March 21, 2023 /PRNewswire/ - AUTONOMIC TECHNOLOGIES INC. is pleased to announce the launch of its fellowship program, aimed at helping...

Mar 20, 2023, 16:30 ET WhiteHorse Finance, Inc. Provides Update on Impact of Recent Events on its Portfolio

WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today provided an update on the impact of recent events concerning...

Mar 20, 2023, 10:34 ET VantagePoint Predicted Banking Meltdown Trends a Month in Advance Using Artificial Intelligence

Vantagepoint A.I. (www.vantagepointsoftware.com), is the software company that developed the first artificial intelligence (A.I.) trading software in ...

Mar 20, 2023, 08:00 ET SVB Financial Group Files "First Day Motions" to Support Continued Operations of SVB Capital and SVB Securities and Preserve Value for Stakeholders

SVB Financial Group ("the Company") (Nasdaq: SIVB) today announced that it has filed a number of "First Day Motions" seeking authorization from the...

Mar 20, 2023, 00:17 ET NEW YORK COMMUNITY BANCORP, INC. THROUGH ITS BANK SUBSIDIARY, FLAGSTAR BANK, N.A., ACQUIRES CERTAIN ASSETS AND ASSUMES CERTAIN LIABILITIES OF SIGNATURE BRIDGE BANK FROM THE FDIC

New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced that its bank subsidiary, Flagstar Bank, N.A. (the "Bank") has acquired ...

Mar 17, 2023, 15:45 ET Wolters Kluwer launches due diligence resource checklist for corporate counsel to mitigate financial risk

Wolters Kluwer Legal & Regulatory U.S. today announced a particularly pertinent new resource for corporate legal departments, which comprehensively...

Mar 17, 2023, 09:15 ET In the Face of Banking Uncertainty, Life Settlements offer Low-Risk Investment Opportunities

In the wake of numerous bank closures, Aspen Alpha Advisors (AAA) encourages investors to look to the life settlements space to offer some peace of...

Mar 17, 2023, 08:00 ET SVB Financial Group Commences Chapter 11 Proceeding to Preserve Value

SVB Financial Group ("the Company") (NASDAQ: SIVB) today announced that it has filed a voluntary petition for a court-supervised reorganization under ...

Mar 16, 2023, 14:11 ET Open letter from Black Women in Venture Capital, BLCK VC, 1863 Ventures & Living Cities to Andy Kessler & Wall Street Journal Editors in response to the op-ed "Who Killed Silicon Valley Bank?"

Dear Wall Street Journal Editors: Every day, there is new analysis or additional opinions on the cause of the collapse of Silicon Valley Bank (SVB)....

Mar 16, 2023, 08:44 ET Nitra Helps Medical Companies Weather Bank Crisis

As federal regulators debated how to manage several high-profile bank failures in the last week, almost 100 companies, including many in healthcare...

Mar 16, 2023, 08:37 ET SaveChain Selected to Join Plug and Play's Digital Assets Batch #2

SaveChain, a fintech startup, is closer to launching its Web3 bank accounts after being accepted into Plug n Play's prestigious Digital Assets...

Mar 15, 2023, 18:12 ET To Support the Health of the Startup Ecosystem, Brex Diversifies Its Own Corporate Funds into Silicon Valley Bridge Bank

To support the health of the startup ecosystem, Brex today announced it has moved $200M of its own corporate funds from big banks to Silicon Valley...
Construction Companies: How to Avoid Disruptions to your Construction Business from the Ongoing Banking Crisis

Mar 15, 2023, 13:05 ET Construction Companies: How to Avoid Disruptions to your Construction Business from the Ongoing Banking Crisis

Constrafor, a leading construction software and financial services company, announced immediate relief and a plan of action for construction firms...

Mar 15, 2023, 08:00 ET Trinity Capital Inc. Declares Cash Dividend Increase to $0.47 per Share and Provides Business Update

Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth stage companies,...

Mar 14, 2023, 18:06 ET Golub Capital BDC, Inc. Provides an Update on Recent Bank Failures

Golub Capital BDC, Inc., a business development company (NASDAQ: GBDC, www.golubcapitalbdc.com), today published a letter summarizing key findings...

Mar 14, 2023, 09:57 ET CME Group Hits Daily Trading Volume Record of More Than 66 Million Contracts

CME Group, the world's leading derivatives marketplace, today reported its highest daily volume on record, with 66,250,862 contracts traded on March...

Mar 14, 2023, 05:00 ET VION Investments Offers Immediate Funding to Companies Affected by SVB and Signature Bank Collapse

The collapse of SVB Bank and Signature Bank, the largest such failures since 2008, have sent shockwaves through the financial markets, hitting...

Mar 13, 2023, 17:57 ET Bunge Set to Join S&P 500

Bunge Limited (NYSE: BG) will replace Signature Bank (NASD: SBNY) in the S&P 500 effective prior to the opening of trading on Wednesday, March 15....

Mar 13, 2023, 16:39 ET Ribbon Expects Minimal Impact from Silicon Valley Bank Closure

Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of...

Mar 13, 2023, 15:44 ET SVB Securities Sets Record Straight on the Current and Previous Role of Chief Administrative Officer Joseph Gentile

SVB Securities sets the record straight on the current and previous roles of Chief Administrative Officer Joseph (Joe) Gentile. Joe is the current...

Mar 13, 2023, 15:44 ET SVB Securities Sets Record Straight on the Current and Previous Role of Chief Administrative Officer Joseph Gentile

SVB Securities sets the record straight on the current and previous roles of Chief Administrative Officer Joseph (Joe) Gentile. Joe is the current...

Mar 13, 2023, 09:15 ET Citius Pharmaceuticals Confirms No Exposure to Silicon Valley Bank

Citius Pharmaceuticals, Inc. ("Citius" or the "Company") (Nasdaq: CTXR) confirms that it does not hold any cash or maintain any accounts at Silicon...