Trends - Signature Bank - Business Recorder

Signature Bank

Moody’s downgrades 10 US banks, warns of possible cuts to others

Ratings agency Moody’s downgraded the credit ratings of several US banks on Monday and warned it was reviewing the...

Published 08 Aug, 2023 09:53am

Editorials

Death rattle of a global order?

EDITORIAL: The market has clearly rejected the rhetoric that problems at SVB (Silicon Valley Bank), Signature Bank...

Published 06 May, 2023 06:23am

Business & Finance

First Republic Bank deposits tumble more than $100bn as it explores options

NEW YORK: First Republic Bank shares sank more than 20% after the closing bell on Monday as it said deposits plunged...

Published 26 Apr, 2023 06:15am

Business & Finance

Fed may reverse rules that masked losses on SVB’s securities

NEW YORK: US Federal Reserve is considering ending an exemption that has allowed certain midsize banks to conceal...

Published 22 Apr, 2023 03:38am

World

US Fed may reverse rules that masked losses on SVB’s securities: WSJ

US Federal Reserve is considering ending an exemption that has allowed certain midsize banks to conceal losses on...

Published 21 Apr, 2023 08:58pm

Business & Finance

Fed official tells Congress many to blame for Silicon Valley Bank failure

WASHINGTON: The scope of blame for Silicon Valley Bank’s failure stretches across bank executives, Federal Reserve...

Published 31 Mar, 2023 06:45am

World

Yellen says US banking rules need to be re-examined after failures

WASHINGTON: US Treasury Secretary Janet Yellen said on Thursday that banking regulation and supervisory rules need...

Published 30 Mar, 2023 05:58pm

Opinion

Preparing for the ‘petroyuan’?

I wonder how long a certain Zoltar Pozsar, New York-based economist and investment research director at Credit ...

Published 30 Mar, 2023 06:35am

Business & Finance

FDIC hires Newmark Group to sell billions of Signature Bank debt: WSJ

The Federal Deposit Insurance Corp (FDIC) has hired Newmark Group Inc to sell about $60 billion of Signature Bank...

Published 29 Mar, 2023 06:21pm

Business & Finance

Two weeks of banking turbulence

PARIS: After three US regional lenders collapsed and UBS swooped to buyout troubled Credit Suisse to avoid a wider...

Published 20 Mar, 2023 06:58pm

Markets

US regulator sells failed Signature Bank assets to another lender

SAN FRANCISCO: The US banking regulator has struck a deal to sell most of the assets of the failed Signature Bank to...

Published 20 Mar, 2023 12:04pm

Markets

Credit Suisse takeover, central bank action calm jittery markets

Moves by authorities to avert a global banking crisis lifted market confidence on Monday as investors welcomed a...

Updated 20 Mar, 2023 12:35pm

World

US Senator Warren calls for investigation into SVB and Signature Bank failures

US Senator Elizabeth Warren, who is pushing tighter banking regulation, has called for an investigation into the...

Published 19 Mar, 2023 04:31pm

Yellen says US banking system sound despite turmoil

WASHINGTON: The US banking system remains sound despite market anxiety over the collapse of Silicon Valley Bank ...

Updated 17 Mar, 2023 09:15am

Business & Finance

US regulator eyes Friday bids for SVB, Signature Bank

Regulators at the US Federal Deposit Insurance Corp (FDIC) have asked banks interested in acquiring failed lenders...

Published 16 Mar, 2023 07:48pm

Markets

Wall Street tumbles as Credit Suisse sparks fresh bank sell-off

NEW YORK: US stocks dropped on Wednesday as turbulence at Credit Suisse revived fears of a banking crisis, eclipsing...

Published 16 Mar, 2023 06:01am

Markets

Moody’s downgrades Signature Bank to junk, places six US banks under review

Ratings agency Moody’s on Monday downgraded the debt ratings of collapsed New York-based Signature Bank deep into...

Published 14 Mar, 2023 11:40am

Markets

Global bank stock rout deepens as SVB collapse fans crisis fears

Shockwaves from the collapse of Silicon Valley Bank further pounded global bank stocks on Tuesday as assurances from...

Published 14 Mar, 2023 11:20am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

Markets →

Budget 2024-25: income tax calculator for FY25

Signature Bank

Most Popular