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Bank turmoil is boosting appetite for specific sector ETFs. Here’s why

It appears specific sector ETFs are gaining popularity as a way to cushion bank-turmoil fallout.According to VettaFi's Todd Rosenbluth, the trend applies to...
Business

Silicon Valley Bank is shut down by regulators, FDIC to protect insured deposits

Financial regulators have closed Silicon Valley Bank and taken control of its deposits, the Federal Deposit Insurance Corp. announced Friday, in what is...
Business

Synchrony Financial could benefit from Apple-PayPal partnership, Bank of America says

Synchrony Financial should experience ongoing tailwinds from PayPal 's plan to add its cards to Apple Wallet next year, Bank of America said...
Business

FDIC chair to resign in February, giving Biden more say in bank regulation

Jelena McWilliams, chair of the Federal Deposit Insurance Corporation (FDIC), during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C.,...
Business

‘Day of reckoning’ is coming for high-flying tech stocks: Wells Fargo

Wells Fargo Securities' Chris Harvey is doubling down on his Big Tech warning, saying a "day of reckoning" is ahead.He's urging investors to...

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