Shares of Fiserv Inc. and Fidelity National Information Services Inc. rebounded Tuesday as concerns about their regional-bank exposure appeared to relax.
Shares of Fiserv Inc. and Fidelity National Information Services Inc. rebounded Tuesday as concerns about their regional-bank exposure appeared to ease.
Fiserv shares FISV ended the session up 6%, snapping a six-session losing streak. The stock had lost nearly 7% in Monday’s session alone. Mizuho’s Dan Dolev chimed in on Fiserv, saying in a Monday afternoon note that he saw “minimal” Silicon Valley Bank exposure for the company.
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JPMorgan, PNC among suitors for SVB Financial in deal excluding SVB Bank - AxiosJPMorgan Chase & Co and PNC Financial Service Group Inc are among those in talks about acquiring SVB Financial Group in a deal that would exclude its commercial banking unit Silicon Valley Bank that is currently under U.S. control, Axios reported on Monday citing sources.
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SVB collapse: The Treasury must make whole SVB investorsThe Treasury Department is right to ensure that investors at Silicon Valley Bank have access to their deposits.
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Treasury, Fed and FDIC joint statement on SVB and Signature Bank: full text'All depositors of this institution will be made whole ... no losses will be borne by the taxpayer': Read Sunday's full statement from the Treasury, Federal Reserve and Federal Deposit Insurance Corp.
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Crypto-friendly Signature Bank shut down by regulators after collapses of SVB, SilvergateState authorities closed New York-based Signature Bank on Sunday, after Silicon Valley Bank was shut down by regulators on Friday in the biggest bank failure...
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Regulators close Signature Bank, second shuttered by feds after SVB disasterUS regulators shut down a second bank Sunday in a bid to stem the banking crisis after Silicon Valley Bank went down last week.
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