‘Financials in general are going to be a very volatile space for the coming few weeks and months’
Within the first 10 minutes of trading on Monday morning, the main index had fallen 1.7% to 19436.22.
Canadian banking regulator, the Office of the Superintendent of Financial Institutions , on Sunday said it was taking temporary control of SVB’s unit in the country. Shares in Canadian digital advertising-tech firm AcuityAds Holdings Inc jumped 7.7% after it resumed trading on Monday. The stock tumbled more than 15% on Friday before the stock was halted after it said it maintained U.S. bank accounts with SVB which amount to $55 million in deposits.Article content
The materials group, which includes precious and base metals miners and fertilizer companies,, was the best performing for the day, up 2.1%.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Biden tells U.S. to have confidence in banks after Silicon Valley Bank and Signature Bank collapseThe Silicon Valley Bank collapse is the second largest bank failure in U.S. history, behind only the 2008 failure of Washington Mutual.
اقرأ أكثر »
Joe Biden tells U.S. to have 'confidence' in banks after Silicon Valley collapseU.S. regulators closed the Silicon Valley Bank on Friday after it experienced a traditional bank run
اقرأ أكثر »
Joe Biden tells U.S. to have 'confidence' in banks after Silicon Valley collapseU.S. regulators closed the Silicon Valley Bank on Friday after it experienced a traditional bank run
اقرأ أكثر »
From wine country to London, Silicon Valley Bank's failure shakes worldwideIt was called Silicon Valley Bank, but its collapse is causing shockwaves around the world.
اقرأ أكثر »
From wine country to London, Silicon Valley Bank's failure shakes worldwideIt was called Silicon Valley Bank, but its collapse is causing shockwaves around the world.
اقرأ أكثر »
Regulators urged to find Silicon Valley Bank buyer as industry frets about falloutFederal Deposit Insurance Corporation in the U.S. looking to find another bank willing to merge with Silicon Valley Bank
اقرأ أكثر »