Romaine Bostick breaks down the day’s top stories and trading action leading into the close.
Insight and analysis of top stories from our award winning magazine “Bloomberg Businessweek”.
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American Airlines Suspends US-Spain Flight Due to Boeing 787 Delays
Biotech 89Bio Tops $1 Billion Value on Liver Treatment Hopes
Euro-Zone Core Inflation Set for New Record in Test of ECB Nerve
BOE Hawk Sees Turning Point as Inflation Expectations Cool
Fed’s Barkin Says ‘Clear’ Case for Raising Rates This Week
FX Traders Ousted From Morgan Stanley Thrive at Brazilian Funds
Howard University Tackles Persistent Housing Woes With Bond Deal
TikTok’s Next Stop Is US Courts as CEO Falls Flat
SVB Collapse Could Mean a $500 Billion Venture Capital ‘Haircut’
Oracle Cuts Cerner Jobs After CEO Promised to ‘Clean Up’ Health Unit
Biden Revels in Canada’s Favorite Pastime: Hating the Leafs
Bolsonaro Says He’s Finally Returning to Brazil at the End of March
Bank of America Trims Banking, Lending Group Amid Industry Slump
Billionaire Marc Lasry Sees More Money Leaving Regional Banks
Greenland Solves the Daylight Saving Time Debate
Princeton’s Advance Through March Madness Blindsides Wall Street
GE Goes From Bottom of Barrel to High-Flier
Switzerland Is Left With Watches and Chocolate, Not Cash
Is This the End of Male Overachievers’ Love Affair With Work?
How to Keep Corporate Accounts Safe Amid Bank Collapse Jitters
What Happens When Sexting Chatbots Dump Their Human Lovers
Iranian Activists Want Tech Companies to Ban the Ayatollah
Anti-LGBTQ Bill Threatens Uganda’s Progress With HIV, WHO Says
Women’s March Madness Shows ‘World Is Catching Up’
California Ends Some Water-Use Restrictions After Rains Ease Drought
Biden Reaches Moment of Truth for Electric Vehicle Tax Credits
Howard University Tackles Persistent Housing Woes With Bond Deal
Venezuela’s Electrical Blackouts Widen Gap Between Rural and Urban Areas
Air Pollution Casts a Pall Over Booming Bangladesh Megacity
Bitcoin Retreats; Justin Sun-Linked Coins Drop After SEC Charges
Circle USDC Stablecoin Redemptions Rise to About $6 Billion
Miami and New York’s Crypto CityCoins Meet Quiet Demise
Matthew Monks
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Customers Bancorp Inc., a small Pennsylvania lender whose holding company is led by Jay Sidhu, is exploring a deal for all or part of the failed Silicon Valley Bank, according to people familiar with the matter.
The bank has been seeking potential co-investors for a deal for Silicon Valley Bank, said the people, who asked to not be identified because the matter isn’t public. A final decision hasn’t been made and Customers Bancorp could opt against pursuing a deal, the people added.