Browsing: Banking

First Republic Bank’s stock price has plummeted 87% since March 8, when the market learned of Silicon Valley Bank’s impending demise. This is not just a…

Few things inspire less confidence in investors and analysts than to tell us that you will not be giving earnings guidance about the future and that…

Topline In its report on March’s failure of Silicon Valley Bank released Friday, the Federal Reserve pointed a finger at social media’s influence on the crisis…

Silicon Valley Bank had serious problems with compliance and internal controls since 2016, according to a new Federal Reserve report, and not only did the bank’s…

Oil demand has held up remarkably well despite many continuing to work from home post-COVID. Gasoline demand in the US rose by 1.7% last week and…

Topline The U.S.’ largest bank grew even bigger Monday after JPMorgan Chase acquired most holdings of the failed regional bank First Republic, sending JPMorgan’s stock soaring—though…

Interest rate hikes by key central banks around the world and tightening credit conditions will put pressure on U.S. regional banks’ capital, credit quality, and profitability.…

First Republic Bank is dead! Long live JPMorgan! JPMorgan’s acquisition of failed First Republic Bank FRC makes it the most globally systemically important bank (G-SIB) in…

JPMorgan Chase agreed to acquire First Republic after the bank was seized by financial regulators early Monday—after efforts to rescue the regional lender over the weekend…

Topline First Republic became the second-largest bank to fail in American history Monday after the federal government oversaw the offloading of its assets to JPMorgan Chase…