Former Signature Bank executives are launching a new blockchain-based bank focused on facilitating instant, around-the-clock U.S. dollar payments, nearly three years after the collapse of the New York-based bank known for serving cryptocurrency clients.
The Federal Deposit Insurance Corporation filed a lawsuit accusing Capital One of paying nearly $100 million less than it should have to help bail out depositors of Silicon Valley Bank and Signature Bank, which both collapsed in 2023.
Auto dealers Asbury (ABG) and AutoNation (AN) offer resilient, cash-generative models with strong parts/service profits and attractive free cash flow yields versus the S&P 500. Builders FirstSource (BLDR) benefits from a structural housing shortage, improved margins, and significant buybacks, offering long-term growth despite near-term softness and cyclical headwinds. Core Natural Resources (CN...
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