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[ad_1] The First Republic Bank headquarters in San Francisco, California, US, on Saturday, April 29, 2023. First Republic Bank shares fell as much as 54% in...
[ad_1] Martin Gruenberg, the FDIC’s chairman, has said he would give special consideration to the fee burden on smaller lenders. Anna Rose Layden/Photographer: Anna Rose Layden/B The...
[ad_1] “Our products are undifferentiated, generally speaking. They’re good products, but they’re undifferentiated,” First Republic Founder James Herbert II said in a video for his induction...
[ad_1] Businesses that want to safely stash sums of cash above Federal Deposit Insurance Corp. limits have options that don’t involve juggling multiple accounts at multiple...
[ad_1] The Federal Deposit Insurance Corp. estimated that the sale of First Republic Bank to JPMorgan Chase could cost the Deposit Insurance Fund $13 billion, and...
[ad_1] First Republic’s deposits plunged 40.8% between the end of last year and March 31 — and were down by more than $100 billion when excluding...
[ad_1] Federal Reserve Vice Chair for Supervision Michael Barr released his report on the failure of Silicon Valley Bank on Friday.Bloomberg As the dust settles on...
[ad_1] Crypto companies “have chosen to be noncompliant and not provide investors with confidence and protections, and it undermines the $100 trillion capital markets,” SEC Chairman...
[ad_1] HSBC has hired more than 40 former Silicon Valley Bank employees to create its own practice focused on health care startups and venture capital funds...
[ad_1] The unfinished Dodd-Frank rule would give the Federal Deposit Insurance Corp. more ability to claw back the compensation of failed-bank executives.Andrew Harrer/Bloomberg WASHINGTON — Finalizing...
[ad_1] The Federal Reserve’s overnight repo facility has been utilized by money market funds to a large extent, and may be contributing to dramatic outflows of...
[ad_1] The collapse of Silicon Valley Bank left a lot of fintech and insurtech companies wondering where their operating capital would come from not just in...
[ad_1] Transcription: Penny Crosman (00:03): Welcome to the American Banker Podcast. I’m Penny Crosman. What can be learned from the recent failures of Silver Gate Capital,...
[ad_1] First Citizens BancShares is in advanced talks to acquire Silicon Valley Bank after its collapse earlier this month, according to people familiar with the matter. ...
[ad_1] The Federal Reserve and five other central banks announced coordinated action on Sunday to boost liquidity in US dollar swap arrangements, the latest effort by...
[ad_1] A coalition of midsize US banks asked federal regulators to extend FDIC insurance to all deposits for the next two years, arguing the guarantee is...
[ad_1] Rep. Maxine Waters, a California Democrat who is ranking member of the House Financial Services Committee, left, speaks with Rep. Patrick McHenry, a North Carolina...
[ad_1] After what felt on Wednesday like relative calm in the banking industry compared with the chaos of the five previous days, uncertainty returned early Thursday...