There's no evidence higher FDIC insurance would spark a big jump for stocks even as markets cheer government support for bank deposits, says Barclays
, the top Democrat on the House Financial Services Committee, said Congress should think about bumping up the limit.said as a rookie, he spread his money across a number of banks because of the FDIC's insurance limit.
"In the immediate aftermath of the limit increase, S&P experienced wildly different paths, suggesting that raising the limit was not always successful in soothing the equity market," Gupta wrote. "However, there's no evidence that the limit raise itself catalyzed the move. Indeed, the eventual relief rally is in line with what is expected given the magnitude of the fallout preceding the insurance cap lift," Gupta said.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
NBA star spread bucks across multiple bank accounts due to FDIC limitNBA star Giannis Antetokounmpo kept his bucks in half a dozen bank accounts because of the FDIC's $250,000 limit. Billionaire Marc Lasry told him to invest instead.
続きを読む »
FDIC to market failed Signature Bank loan portfolio in the summerFederal regulators said late Monday they expect to begin marketing failed Signature Bank’s loan portfolion later this summer. The portfolio, worth about $60...
続きを読む »
FDIC announces sale process of former Signature Bank loan portfolioThe Federal Deposit Insurance Corporation (FDIC) on Monday announced the marketing process for the about $60 billion loan portfolio retained in receivership following the failure of Signature Bank.
続きを読む »
Breakingviews - How FDIC dropped the ball and picked up the tabBank watchdogs don’t have a crystal ball when it comes to spotting bank runs. They nearly had something close, though. The Federal Deposit Insurance Corp, which insures Americans’ savings, launched a project in 2020 that would have used technology from outside companies to flag risks just like the ones that felled Silicon Valley Bank. The initiative fizzled because of skepticism from the regulator’s new leadership, and a culture wary of relying on private firms. Reviving it in some form could in future save the FDIC money, stature and time.
続きを読む »
Barclays says this newly public fracking stock could rally nearly 50%The firm said the stock, which went public in March, can gain 46.8% in the next year.
続きを読む »
6th Annual Coastal Clays: Quick shooters raising money for Baldwin Catholic SchoolsBaldwin County Catholic Schools -- was the target group -- of a big fundraiser this weekend. The 6th Annual Coastal Clays -- not only continues to grow but raise a lot of money.
続きを読む »