[ad_1] Lenders pledged to hold on to money-losing bonds until maturity, allowing them to avoid reporting losses. [ad_2] Source link
Tag: U.S. Bancorp
Anxiety Strikes $8 Trillion Mortgage-Debt Market After SVB Collapse
[ad_1] Strains in the banking sector are roiling a roughly $8 trillion bond market considered almost as safe as U.S. government bonds. So-called agency mortgage bonds are widely held by…
Banks’ Big Plan Might Solve the Immediate Problem, but Not the Bigger Ones
[ad_1] A rescue of First Republic by big banks wouldn’t put to bed emerging questions about the banking system. [ad_2] Source link
WSJ News Exclusive | First Republic Bank Rescue Involves Biggest U.S. Banks
[ad_1] The beleaguered lender is working on various potential options to shore itself up including a capital raise. [ad_2] Source link
Biggest Banks Shed Billions As Credit Suisse Decline Fuels Selloff
[ad_1] JPMorgan, Bank of America, Citigroup and Wells Fargo have lost about $91 billion in market value over the past week. [ad_2] Source link
First Republic Leads Rout in Bank Stocks Despite Emergency Measures
[ad_1] Markets Finance Investors responding to bank failures back away from banks with large amounts of uninsured deposits [ad_2] Source link
Berkshire Hathaway Boosts Stake in Apple, Paramount Global in Relatively Quiet Quarter
[ad_1] Warren Buffett’s conglomerate didn’t open new positions in any companies. [ad_2] Source link
WSJ News Exclusive | Banks Plan Payment Wallet to Compete With PayPal, Apple Pay
[ad_1] WSJ News Exclusive Finance Financial institutions behind Zelle are working on a wallet for consumers to use at online checkout [ad_2] Source link
Small Banks Warn They Might Have to Drop Zelle Over Scam Payment Costs
[ad_1] Markets Personal Finance Credit unions, community banks say they might not be able to afford to repay targeted customers [ad_2] Source link