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Tag: bankfailures

‘This is a risk confronting all banks,’ ex-FDIC chief Sheila Bair tells MarketWatch

‘This is a risk confronting all banks,’ ex-FDIC chief Sheila Bair tells MarketWatch

March 23, 2023March 23, 2023 · Breaking News

Regional banks shouldn’t be the only source of worry for potential fallout from the Federal Reserve’s rapid pace of interest-rate hikes in the past year, said a former…

Read more ‘This is a risk confronting all banks,’ ex-FDIC chief Sheila Bair tells MarketWatch
The Fed will either pause or hike interest rates by 25 basis points. What are the pros and cons of each approach?

The Fed will either pause or hike interest rates by 25 basis points. What are the pros and cons of each approach?

March 20, 2023March 20, 2023 · Breaking News

The Federal Reserve will meet on Wednesday and, for once, the outcome is unclear. This is the most uncertain Fed meeting since 2008, said Jim Bianco, president of…

Read more The Fed will either pause or hike interest rates by 25 basis points. What are the pros and cons of each approach?
First Republic gets  billion in deposits from 11 major U.S. banks, but stock resumes slide as it suspends dividend

First Republic gets $30 billion in deposits from 11 major U.S. banks, but stock resumes slide as it suspends dividend

March 16, 2023March 16, 2023 · Breaking News

Bank of America BAC, Citigroup C, JPMorgan Chase JPM and Wells Fargo WFC said Thursday that they are each making $5 billion in uninsured deposits into First Republic…

Read more First Republic gets $30 billion in deposits from 11 major U.S. banks, but stock resumes slide as it suspends dividend
First Republic and Western Alliance pace big rebound in regional-bank stocks after huge losses

First Republic and Western Alliance pace big rebound in regional-bank stocks after huge losses

March 14, 2023March 14, 2023 · Breaking News

Shares of regional banks posted big gains on Tuesday as they regained their footing after huge losses in the previous session, but volatility continued in the sector following…

Read more First Republic and Western Alliance pace big rebound in regional-bank stocks after huge losses
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