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Banking Collapse

All articles tagged with #banking collapse

entertainment2 years ago

Sharon Stone's Financial Loss in Recent Banking Upheaval.

Actress Sharon Stone revealed during her acceptance speech at the Women’s Cancer Research Fund’s An Unforgettable Evening fundraiser that she lost half of her finances due to a "banking thing" caused by the Silicon Valley Bank collapse. Stone also spoke about her recent personal struggles, including the death of her brother and her custody battle with ex-husband Phil Bronstein over their adopted son Roan. She urged people to stand up for themselves and their worth, and shared her own experience with breast cancer and reconstructive surgery.

finance2 years ago

Wall Street Analysts Turn Blind Eye to Banking Collapse.

Despite the ongoing banking crisis, almost every Wall Street analyst covering financial stocks is frozen in time and afraid to become more cautious on scores of names. Among the financial stocks contained in the S&P 500, 92% are rated either a buy or hold as of March 16. The percentage of buy-rated financials has only declined by four percentage points since Feb. 28 despite the rolling banking crisis. If analysts don't step up and change their tune on financials, clients could be left holding the bag.