Advertisement
New Zealand markets closed
  • NZX 50

    11,805.09
    -141.34 (-1.18%)
     
  • NZD/USD

    0.5933
    -0.0017 (-0.28%)
     
  • NZD/EUR

    0.5555
    +0.0014 (+0.26%)
     
  • ALL ORDS

    7,837.40
    -100.10 (-1.26%)
     
  • ASX 200

    7,575.90
    -107.10 (-1.39%)
     
  • OIL

    83.58
    +0.01 (+0.01%)
     
  • GOLD

    2,346.90
    +4.40 (+0.19%)
     
  • NASDAQ

    17,704.86
    +274.36 (+1.57%)
     
  • FTSE

    8,138.81
    +59.95 (+0.74%)
     
  • Dow Jones

    38,165.92
    +80.12 (+0.21%)
     
  • DAX

    18,159.39
    +242.11 (+1.35%)
     
  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • NZD/JPY

    93.3460
    +0.8500 (+0.92%)
     

Worried About Banks? Buy This ETF

Worried About Banks? Buy This ETF

The current environment in the banking industry has left a lot of investors concerned and confused. Bank stocks generally do well when interest rates are rising, particularly when the economy is not in a recession. In recent weeks, three banks -- SVB Financial's Silicon Valley Bank, Signature Bank, and Silvergate Capital -- have failed or collapsed.