Silicon Valley Bank (SVB) collapsed last Friday, plunging US bank share prices.
However, investors appear to have slowed down the sell-off frenzy on Tuesday.
The share prices of banks in the
United States rebounded on Tuesday, improving after plummeting earlier on
Monday. The stocks had plunged a day ago over fear of the possible contagion
effects of the collapse of Silicon Valley Bank (SVB) and two other American lenders
in the country’s banking industry.
Finance Magnates reports that
SVB’s collapse cast a shadow on bank stock prices in the country on Monday, with the regional lender, First Republic Bank leading the pack as its shares slumped by over 60% to $28 a
share at one point during the market. Other banks and financial services companies saw
their stock prices plummet:
Western Alliance Bancorp 64% to $18, KeyCorp 37% to 11%, and PacWest
Bankcorp 30% to $7.
In addition, other bank stocks
declined significantly: Zions Bancorporation 25% to $30, Charles Schwab 11% to $52
and Bank of America 3% to $29, among others.
US Bank Stocks Shake Off SVB Fears
However, the market changed on
Tuesday, as the sell-off frenzy slowed down with investors returning to the
markets, suggesting that they are beginning to shake off the fear from the effects of SVB. At the time of filing this
report, the shares of First Republic Bank and Western Alliance Bancorp, which
saw some of the biggest declines yesterday, improved 28% to $40 a share and
14% to $30, respectively.
Source: MSN Money
The shares of other banks also
shot up: PacWest Bancorp 34% to $35, KeyCorp 7% to $12, Zions
Bancorporation 4% to $31, Charles Schwab 9% to $57 and Bank of
America 0.88% to $29 a share, among others.
Source: MSN Money
SVB collapsed last Friday, precipitated by the inability to halt a
bank run and its failed attempt to salvage the situation with extra funding. On Sunday,
the bank, which targeted early-stage technologies companies, went into receivership of the Federal Deposit Insurance
Corporation.
In their bid to forestall a
contagion, New York regulators on Sunday shut down Signature Bank in order to “protect dispositors.” Speaking to
Finance Magnates on Monday, Lars Holst, the Founder and CEO of digital broker
GCEX, expressed surprise at Signature Bank’s
fallout. Furthermore, the CEO expects the
successors of the failed banks to emerge from the United Arab Emirates.
The share prices of banks in the
United States rebounded on Tuesday, improving after plummeting earlier on
Monday. The stocks had plunged a day ago over fear of the possible contagion
effects of the collapse of Silicon Valley Bank (SVB) and two other American lenders
in the country’s banking industry.
Finance Magnates reports that
SVB’s collapse cast a shadow on bank stock prices in the country on Monday, with the regional lender, First Republic Bank leading the pack as its shares slumped by over 60% to $28 a
share at one point during the market. Other banks and financial services companies saw
their stock prices plummet:
Western Alliance Bancorp 64% to $18, KeyCorp 37% to 11%, and PacWest
Bankcorp 30% to $7.
In addition, other bank stocks
declined significantly: Zions Bancorporation 25% to $30, Charles Schwab 11% to $52
and Bank of America 3% to $29, among others.
US Bank Stocks Shake Off SVB Fears
However, the market changed on
Tuesday, as the sell-off frenzy slowed down with investors returning to the
markets, suggesting that they are beginning to shake off the fear from the effects of SVB. At the time of filing this
report, the shares of First Republic Bank and Western Alliance Bancorp, which
saw some of the biggest declines yesterday, improved 28% to $40 a share and
14% to $30, respectively.
Source: MSN Money
The shares of other banks also
shot up: PacWest Bancorp 34% to $35, KeyCorp 7% to $12, Zions
Bancorporation 4% to $31, Charles Schwab 9% to $57 and Bank of
America 0.88% to $29 a share, among others.
Source: MSN Money
SVB collapsed last Friday, precipitated by the inability to halt a
bank run and its failed attempt to salvage the situation with extra funding. On Sunday,
the bank, which targeted early-stage technologies companies, went into receivership of the Federal Deposit Insurance
Corporation.
In their bid to forestall a
contagion, New York regulators on Sunday shut down Signature Bank in order to “protect dispositors.” Speaking to
Finance Magnates on Monday, Lars Holst, the Founder and CEO of digital broker
GCEX, expressed surprise at Signature Bank’s
fallout. Furthermore, the CEO expects the
successors of the failed banks to emerge from the United Arab Emirates.
Solomon Oladipupo is a journalist and editor from Nigeria that covers the tech, FX, fintech and cryptocurrency industries. He is a former assistant editor at AgroNigeria Magazine where he covered the agribusiness industry. Solomon holds a first-class degree in Journalism & Mass Communication from the University of Lagos where he graduated top of his class.
Polymarket Replaces Bridged USDC Aiming for a U.S. Relaunch
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
