Bankruptcy

Data compiled by Investment Company Institute shows market fund assets ballooned to $5.13 trillion for the week ending on Wednesday, March 22, amid the banking crisis.

Shares for Deutsche Bank are down Friday amid concerns the German bank will pay higher costs for financial derivatives, called credit default swaps that insure bondholders against banks defaulting on debt.

Sandals Realty Group broker Amanda Glass says Florida's home sellers are reluctant to list in fear of facing higher mortgages, taxes and insurance costs elsewhere.

Charles Schwab’s chief executive, Walt Bettinger, said the brokerage giant could continue to operate even if it lost most of its deposits over the next year.

Trading in Evergrande’s Hong Kong-listed shares and both other listed units have been suspended for about a year, after they failed to file financial reports on time.

Shares are down for PacWest after subsidiary Pacific Western Bank said deposits are stable after receiving 1.4 billion from investment firm Atlas SP Partners.

J&J hopes the Supreme Court will overrule a 3rd Circuit decision which declared bankruptcy of it's subsidiary as improper. J&J hoped the bankruptcy would save it from lawsuits.

Withdrawals accelerated late in the morning on the West Coast on Thursday, March 9. Executives paced the office on phone calls as employees watched and texted details to each other.

With the banking industry in turmoil, regulators and analysts are growing increasingly concerned about commercial real estate debt, according to industry participants.

Archegos Capital Management collapsed during a volatile stretch in the market in March 2021, leading to billions of dollars in losses for banks and investors.

Shares of Bed Bath & Beyond hit a 30-year low on Monday following the retailer’s decision to propose a reverse stock-split to shareholders at a special meeting.