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What's Happening to the AI Rally? Billionaire Investor Stanley Druckenmiller Just Exited Nvidia and Is Now Piling Into Bank Stocks.
Artificial intelligence (AI) stocks have been all the rage this year, climbing the charts in hockey-stick-like fashion and reaching meteoric valuations. Some expect the rally to continue as interest rates decline and the Federal Reserve engineers...
As the Federal Reserve aims for a 'soft landing' to tame inflation without harming the economy, regional banks are poised to benefit, and two ETFs, the iShares U.S. Regional Banks ETF (IAT) and the SPDR S&P Regional Banking ETF (KRE), offer a strategic way to invest in this sector.
3 Best Vanguard Stock ETFs to Buy in August
These Vanguard funds could benefit from two key tailwinds this month.
Deemed as the "Magnificent Seven" of the banking sector by JPMorgan, these regional lenders impressed the brokerage firm with their latest quarterly reports.
Adjusted profit attributable to common stockholders was $769-million, or $52.92 per share, for the three months ended March 31, the bank reported on Thursday
We are looking for rate-sensitive stocks that may benefit from potential interest rate decreases
First Citizens Bank Closes More Than $66 Million in Financings With Consumer Products Companies
/PRNewswire/ -- First Citizens Bank today announced that its CIT Commercial Services subsidiary, a national leader in factoring, credit protection and accounts...
Silicon Valley Bank Names Jennifer Friel Goldstein Head of Business Development for Life Science and Healthcare Banking
/PRNewswire/ -- Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced that 20-year healthcare financing industry veteran Jennifer Friel...
First Citizens Bank Coordinates $672 Million in Financings for Plus Power on Three Battery Storage Projects
/PRNewswire/ -- First Citizens Bank today announced that its Energy Finance business has served as coordinating lead arranger on three battery storage project...
First Citizens BancShares, Inc. Announces Date of 2023 Third Quarter Earnings Call
/PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) today announced that it will report its financial results for the third quarter...
First Citizens Bank Provides $29 Million to Onicx Group to Refinance Florida Medical Office Buildings
/PRNewswire/ -- First Citizens Bank today announced that its Healthcare Finance business, part of the CIT division, provided $29 million to Onicx Group to...
First Citizens Wealth Launches New Wealth Advisory Team to Serve Individuals and Institutions in Southern California
/PRNewswire/ -- First Citizens Wealth today launched a new wealth advisory business with a team of advisors across Southern California to better serve...
First Citizens Bank's Annual Forecast Finds Small Businesses Confident, Undeterred By Economic Outlook
/PRNewswire/ -- Nearly eight out of 10 small business owners feel a strong degree of confidence that their companies will grow over the next year even amid...
First Citizens Bank Serves as Syndication Agent, Joint Lead Arranger and Joint Bookrunner on $400 Million Financing for Alex Lee Inc.
/PRNewswire/ -- First Citizens Bank today announced that it served as syndication agent, joint lead arranger and joint bookrunner on a $400 million senior...
Silicon Valley Bank Appoints Head of Global Payments and Head of Global Digital Solutions
/PRNewswire/ -- Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced Martin Murrell has been named Head of Global Payments and Milton...
First Citizens Bank Completes $6.5 Million Credit Facility
/PRNewswire/ -- First Citizens Bank today announced that its CIT Commercial Services subsidiary has completed a $6.5 million credit facility with a...
First Citizens BancShares Reports Second Quarter 2023 Earnings
/PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (Nasdaq: FCNCA) reported earnings for the second quarter ended June 30, 2023. Chairman and CEO...
First Citizens Bank Provides $50.3 Million to Refinance the Medical Pavilion at White Oak on the campus of Adventist White Oak Medical Center
/PRNewswire/ -- First Citizens Bank today announced that its Healthcare Finance business, part of the CIT division, provided a $50.3 million loan to a joint...
First Citizens BancShares Declares Dividends
/PRNewswire/ -- The Board of Directors of First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) declared on July 25, 2023, dividends on the company's...
Settle Raises $145M Credit Facility with Silicon Valley Bank
/PRNewswire/ -- Settle, the leading cash-flow management platform, announced today it has secured up to $145 million credit facility with Silicon Valley Bank,...
From Jupiter Power: First Citizens Bank Serves as Lead Arranger on $70.4 Million in Financing for Two Texas Battery Storage Projects
/PRNewswire/ -- First Citizens Bank today announced that its Energy Finance group, part of the CIT division, served as the Coordinating Lead Arranger on a...
First Citizens BancShares, Inc. Announces Date of 2023 Second Quarter Earnings Call
/PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (NASDAQ: FCNCA) today announced that it will report its financial results for the second quarter...
CIBC among banks in talks to hire several employees from SVB’s unit in Canada to join technology and innovation banking groups
Achieve Secures $50 Million Warehouse Facility from Silicon Valley Bank
/PRNewswire/ -- Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced that it has provided a $50 million warehouse facility to Achieve,...
First Citizens Bank Provides $10 Million in Financing to Nordic Hamburg
/PRNewswire/ -- First Citizens Bank today announced that its Maritime Finance group, part of the CIT division, arranged to provide Nordic Handysize IV AS, a...