Finance News – Page 735

Stocks making the biggest moves before the bell: Alibaba, Lyft, Walgreens and more

Alibaba shares jumped after the e-commerce giant said it would split its company into six separate business groups.

‘Be very vigilant’: Bank of England chief says the market is testing banks to identify weakness

Bank of England Governor Andrew Bailey on Tuesday vowed to be “very vigilant” amid ongoing volatility.

This is not another banking crisis, analysts say — it’s ‘sentiment contagion’ instead

Friday’s plunge in Deutsche Bank’s share price — despite relatively strong capital and liquidity positions — left many market watchers confounded.

Private equity deals in Asia plunged 44% in 2022. More uncertainty may be ahead

China and India accounted for a drop of $35 billion in total deal value for large growth deals for the year, Bain & Co said in a Tuesday report.

FDIC coverage limits may be raised above $250,000 again. How experts say you can have more of your deposits insured

President Joe Biden said the FDIC may guarantee deposits above $250,000 again. Experts say it is possible to get more insurance on your deposits on your own.

The IRS has issued nearly 54 million tax refunds. Here’s the average payment

The IRS has issued nearly 54 million tax refunds worth about $158 billion, as of March 17. Here’s the average payment.

Fed’s Barr calls Silicon Valley Bank failure a ‘textbook case of mismanagement’

The Federal Reserve’s top banking regulator said Monday that the failure of Silicon Valley Bank was due largely to mismanagement.

Stocks making the biggest midday moves: Coinbase, First Citizens, Roku and more

These are the stocks posting some of the largest moves at midday.

Here’s why the U.S. had to sweeten terms to get the SVB sale done

The winning bidder in the government’s auction of Silicon Valley Bank’s main assets got several concessions to make the deal happen.

Stocks making the biggest moves premarket: Pinterest, First Citizens, Caterpillar & more

Regional banks rose following a report that U.S. authorities were considering expanding government support for banks to provide additional liquidity.