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More bank jitters as First Republic probes asset sales, 'bad bank' options -source - Vimarsana News

More bank jitters as First Republic probes asset sales, 'bad bank' options -source

By Manya Saini, David French and Saeed Azhar (Reuters) -First Republic Bank faces dwindling and tough options to turn around its business with the creation of a 'bad bank' or asset sales possibilities, a source

Source: oann.com
First Republic faces tough options after deposit flight, with asset sales, 'bad bank' possibilities, source says - Vimarsana News

First Republic faces tough options after deposit flight, with asset sales, 'bad bank' possibilities, source says

First Republic Bank faces dwindling and tough options to turn around its business with the creation of a 'bad bank' or asset sales possibilities, a source familiar with the matter said, after the lender showed the extent of deposit flight during last month's banking crisis.

U.S. company comments suggest upbeat demand despite gloomy forecasts - Stock market news - Vimarsana News

U.S. company comments suggest upbeat demand despite gloomy forecasts - Stock market news

NEW YORK (Reuters) - Investors worried the U.S. could be on the brink of a recession may be relieved by some early comments from company executives this earnings season suggesting demand remains strong and any potential downturn will likely be mild. | 12:19pm

U.S. company comments suggest upbeat demand despite gloomy forecasts - Vimarsana News

U.S. company comments suggest upbeat demand despite gloomy forecasts

By Caroline Valetkevitch NEW YORK (Reuters) - Investors worried the U.S. could be on the brink of a recession may be relieved by some early comments f...

Cirrus Logic slumps as analyst says Apple to abandon button design change - Vimarsana News

Cirrus Logic slumps as analyst says Apple to abandon button design change

Shares of Apple Inc supplier Cirrus Logic Inc tumbled about 13% after a renowned analyst said the iPhone maker will abandon the solid-state button design for premium variants of its iPhone 15 series... | April 12, 2023