DOUG ROSS Times Correspondent VALPARAISO — Porter County lost money on its nest egg last year, a familiar story for most investors. The market value of the Porter County Government Foundation’s portfolio as of Dec. 31 was $163,563,708, a drop of 13.7%, Capital Cities CEO Amanda Black told the board members last week. To keep ...

One normally staid corner of the financial markets—preferred stock—has been rattled by the Silicon Valley Bank and Signature Bank seizures, and that has created opportunities for investors. Preferreds are a senior form of equity whose dividends come before those of common stock. Preferred shares issued by banks, however, account for about two-thirds of the $400 ...

Every financial panic shows how little most people understand about what is happening around them in the markets and the economy. The recent failure of two major regional banks has unleashed thousands of articles, sell-side analyst reports, and investment strategy notes that act as if the issues now before us were easily identifiable. But the ...

Vishal Bakshi formally joined Morgan Stanley March 17, according to the online database BrokerCheck. Bakshi’s move was earlier reported by AdvisorHub. Morgan Stanley declined to comment on the hire. Some headhunters see First Republic’s wealth management operation as a rich target for recruiting top talent, as the bank has struggled to shore up its position ...

Last Updated: March 23, 2023 at 1:55 p.m. ET First Published: March 23, 2023 at 8:00 a.m. ET Here are some of the more active stocks in Thursday afternoon trading, a day after sharp losses on Wall Street that followed the Federal Reserve’s latest interest-rate hike. Stock gainers: Regeneron Pharmaceuticals Inc.’s REGN stock was climbing ...

Interest in crypto-assets is growing in Belgium. And they are particularly interesting young retail investors. In early 2022, nearly one-quarter of them said crypto-assets were the best possible investment. 1 But this trend is not limited to young investors. A report from the European Central Bank showed that in mid-2022, nearly 10% of Belgians households ...

Regional bank stocks looked set to rebound early Thursday as the market digested remarks made by Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen. Citigroup (ticker: C) CEO Jane Fraser added her vote of confidence into the mix, as she said the banking system is “pretty sound,” at the Economic Club of Washington ...

Shares in the San Francisco-based bank plunged in after-hours trading Tuesday and were 3.6 % lower ahead of the open of trading Wednesday, in a sign that volatility that has slammed the bank may not be over. Shares closed 30% higher Tuesday, but had lost nearly 90% of their value since the start of the month. ...

WA businesses will continue to weather the economic storm even if the fallout from the largest US banking failure since the 2008 financial crisis reaches Australia, a chief economist has said. Speaking in Perth on Wednesday, CommSec chief economist Craig James said Australian banks had “strong” capital and liquidity buffers, which were above the Australian ...

Thanks to 1998’s taxpayer relief act, the idea of having more diverse kinds of IRA assets meant that taxpayers could broaden their horizons and try new ideas and ways to invest in their futures. Alongside customary paper-based financial elements, the idea of IRA gold and other precious metals became a reality. With that in place, ...