Bridgewater dumps bank stocks amid turmoil in first quarter

Bridgewater Associates, one of the world’s largest hedge funds, sold off U.S. bank stocks in the first quarter as the industry was roiled by the collapse of three lenders, according to regulatory filings.

Global hedge funds cut their exposure to U.S. banking stocks to a near 10-year low in March and fled lending-sensitive shares amid turmoil in the industry following the collapse of Silicon Valley Bank and Signature Bank.The firm also slashed its positions in smaller banks such as Bank of Hawaii Corp, Pacwest Bancorp, PNC Financial Services Group, Citizens Financial Group and Capital One Financial Corp.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Local Company Brings Prominent Indian Playwright’s Work to St. John’sA local theatre company is debuting a new play with hopes of making it accessible for all audiences. Tamasha, ...
แหล่ง: VOCMNEWS - 🏆 74. / 51 อ่านเพิ่มเติม »

Stock market today: World markets mostly higher; Turkiye, Thailand slip after electionsWorld shares were mostly higher Monday after a weak start in Asia, while benchmarks fell in Turkiye and Thailand following weekend election upsets for their ruling parties.
แหล่ง: CTVCalgary - 🏆 26. / 68 อ่านเพิ่มเติม »

Stock market today: U.S. futures point higher amid US debt ceiling fight, busy week for retailWall Street appeared headed for gains early Monday ahead of a busy week in retail, with a backdrop of debt ceiling negotiations between U.S. President Joe Biden and Republican lawmakers.
แหล่ง: CTVNews - 🏆 1. / 99 อ่านเพิ่มเติม »