SPDR S&P Bank ETF

Citigroup posts better-than-expected earnings and revenue

Citigroup on Friday reported second-quarter earnings and revenue that topped expectations. Despite the beat, Citi’s revenue fell 1% from a…

Fed report on SVB collapse faults bank’s managers — and central bank regulators

Silicon Valley Bank’s dramatic failure in early March was the product of mismanagement and supervisory missteps, compounded by a dose…

The banking crisis is having a slow-burn impact on the economy

A banking crisis that erupted less than two months ago now appears to be less a major broadside to the…