GameStop’s surprise profit triggers short squeeze, meme stocks rally
By Medha Singh (Reuters) -Meme stock GameStop Corp surged nearly 41% on Wednesday as the video game retailer’s first profitable…
Business
Analysis-Credit Suisse collapse threatens Switzerland’s wealth management crown
By John Revill ZURICH (Reuters) – The fall of Credit Suisse has dealt a serious blow to Switzerland’s credentials as…
Explainer-How does bank deposit insurance work, and who does it cover?
By Hannah Lang and Pete Schroeder (Reuters) – In the United States and many other countries, the government guarantees a…
First Republic leads surge in bank stocks as Fed comes into focus
By David French, Nupur Anand and Lananh Nguyen (Reuters) – Shares of U.S. regional lenders including battered First Republic Bank…
US Treasury looks to strengthen financial stability; big focus on smaller banks
By Andrea Shalal WASHINGTON (Reuters) -The U.S. Treasury is continuing to monitor the health of mid-sized and regional banks and…
Credit Suisse rescue eases crisis fears, First Republic shares dive
By Noel Randewich, Medha Singh and Ankika Biswas (Reuters) – Shares of U.S. lender First Republic tumbled nearly 50% on…
BlackRock Investment Institute downgrades credit, favors short-term bonds for income
(Reuters) – BlackRock Investment Institute said on Monday it was downgrading credit and preferred short-term bonds for income, with strategists…
Credit Suisse rescue presents ‘buyer beware’ moment for bank bondholders
By Tom Westbrook SINGAPORE (Reuters) – The rudest shock in the rushed deal to save embattled Swiss lender Credit Suisse…
Succession 101: Money lessons from TV’s dysfunctional empire
By Chris Taylor NEW YORK (Reuters) – There are a lot of guilty pleasures out there, but here is one…
Analysis-Asset concerns weigh on U.S. regional bank deal talks
By David French NEW YORK (Reuters) – Some U.S. regional banks’ efforts to raise capital and allay fears about their…