Toronto Dominion (TD) Bank has recently become the world’s most shorted bank, sparking concerns of a potential banking crisis in Canada. Hedge fund bets against TD Bank reached a…
Banking
The banking crisis may be about to hit Canada. In recent weeks, we have seen regional banks in the US get hit resulting in quick action from the Fed…
What is left of troubled Silicon Valley Bank is to be acquired by First Citizens Bank. First Citizens shares were up over 50% at one point of trading today…
Global stock markets are rattled on the sharp drop of Credit Suisse shares. The stock was at one point down nearly 25% re-igniting banking fears. Is there trouble at…
Catastrophe averted? That’s what the media is saying after the US Government and regulators stepped in to backstop depositors with money at Silicon Valley Bank. This was the second…
Bank earnings kicked off with some surprising news. Mega bank Goldman Sachs (GS) reported an earnings miss. Their largest earnings miss in a decade as revenue fell and expenses…
Banks have played an integral role in our civilization since ancient Assyria merchants began loaning out grain as collateral, but until 2007, their complicated inner workings were largely a…