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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...

Biden calls on Congress to tighten laws to claw back executive pay, levy penalties in bank failures

President Joe Biden called on Congress to give regulators more authority to claw back pay and penalize executives at distressed banks "whose mismanagement...

the Fed needs to slow down or ‘stuff is going to break’

As the fallout from Silicon Valley Bank's failure continues to unfold, the Federal Reserve needs to slow down before "a lot more stuff"...

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...

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