Jm Morgan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

fargo, bank of america, jm morgan, morgan stanley lost $50 billion in market value in one day. that's a hit. on the other hand, those banks still exist. you can't say that for silicon valley bank. svb has gone under completely. that makes the second biggest bank failure in the history of this country. and the significant svb financed nearly half of all venture-backed healthcare companies in the united states. it held significant cash reserves for some of the biggest crip toe currencies. it's gone. federal regulators have rename it and taken it over. that means a lot of people lost a ...

♪ rachel: good morning. today is veteran's day and celebrating people and all veteran's and doing that with the u.s. navy wor working with e ceremonial navy band live on fox square helping us honor those who served. good morning, pete. pete: good morning know the gift to me from our producers for veteran's day. all four hours we're starting here on the couch. i always want to be on the couch, it's my safe space. not safe space. that's not the right word. it's my blanky and comfy spot. i always say can we start every hour here instead of somewhere else. will: we're focused on vetera...

Fargo, bank of america, jm morgan, morgan stanley lost $50 billion in market value in one day. that's a hit. on the other hand, those banks still exist. you can't say that for silicon valley bank. svb has gone under completely. that makes the second biggest bank failure in the history of this country. and the significant svb financed nearly half of all venture-backed healthcare companies in the united states. it held significant cash reserves for some of the biggest crip toe currencies. it's gone. federal regulators have rename it and taken it over. that means a lot of people lost a lotf of mo...

Top of the hour. global stock markets mixed after wall street hit record highs again yesterday. all three major averages close at record highs. that didn't affect the stock market. investors already expected that. the market jumped after a report broke of a market-friendly candidate exceeding janet yellen. jm morgan and citigroup report before the opening bell and they think this is a good day for banks and bank investors. have you checked your credit score after equifax's historic breach? 71 million adults have not. that's because they hadn't heard about the leak. this is interesting new su...

>> reporter: good morning, carol. jpmorgan, the wall street giant announcing they're investing $100 million in detroit to help with the bankrupt city's recovery. about 40% will be investment, meaning they expect so make some money back. 60% is philanthropic, basically in the forms of grants. $50 million, half going to community developers trying to turn around struggling neighborhoods in detroit. one of the biggest problems in detroit is all those abandoned homes. $25 million will go toward tackling neighborhood blight. $25 million toward worker training, small business development and a new r...