FDIC removes policy limiting equity bank purchases, according to reports

Newsquawk StaffPublished
Newsquawk headlinesUTC

Every headline is on the live feed 20 minutes before this site.

Jeff Bezos is in early talks to raise USD 100bln for a new fund that would buy up manufacturing companies and seek to use AI technology to accelerate their path to automation, WSJ reports

Israeli PM Netanyahu says Iran has no capacity to enrich uranium or make ballistic missiles after 20 days of war; US and Israel have destroyed Iran's fleet in the Caspian; Israel is helping the US open the Strait of Hormuz.

FDIC removes policy limiting equity bank purchases, according to reports

Pentagon is considering sending more troops to the Middle East, Politico reports; size and scope of additional deployments are still evolving, sources said

Israel Chief of the Joint Chiefs of Staff of the Army said that Israel has not yet reached the "halfway point" of its operations against Iran, and senior military officials have not set any immediate timetable for the end of the war

On the Newsquawk feed at , 20 minutes before this page.

Use the PlatformFree. No signup, no card.

Context

The FDIC's removal of the policy restricting equity purchases by banks is a significant regulatory shift that may enhance banks' investment flexibility and risk appetite. This move could lead to increased activity in the equity markets, shifting the overall risk profile and potentially influencing asset prices across the board, including impacts on the USD and fixed income sectors as banks reassess their capital allocation strategies.

Related headlines

The feed had this first.

Use the Platform