Canada s main stock index rose on
Wednesday, rebounding from its lowest intraday level in five
weeks, as energy and financial shares rallied. The Toronto Stock Exchange s S&P/TSX. | May 17, 2023
Canada s main stock index rose on
Wednesday as a Wall Street rally helped bolster energy and
financial shares, with the index rebounding from its lowest
intraday level in five weeks. The. | May 17, 2023
Germany s Allianz on Friday posted a big jump in first-quarter net profit, rebounding after taking big charges a year ago for a U.S. funds scandal.. | May 12, 2023
U.S. stocks gained on Friday lifted by
strong results from Apple and rebounding shares of regional
banks, while a stronger-than-expected jobs report eased worries
of an imminent economic downturn. . | May 5, 2023
struggling regional banks? they re not struggling today. they re rebounding. rebounding in a big way, the regional bank stocks, jose, not unexpected. it should be construed as an all clear sign that the regional banking system is out of the woods by any measure. this kind of extreme volatility can be part and parcel to the kinds of stress we re seeing in the business. now, overall, many of the most embattled regional lenders, names we talked about, pacwest, western alliance, will finish the week sharply lower. there is still an intense amount of scrutiny on the deposit levels and specifically the uninsured deposits at these small and regional sized lenders. but those deposits, they have largely stabilized over the last few weeks. this is now very much about what is being viewed by some banking industry insiders and experts as a bear assault or stampede, speculators trying to push bank stocks lower to profit from market value declines. that is prompting some analysts