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[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] First Republic Bank shares fell as much as 54% in extended New York trading on speculation that it would be seized by regulators, as regional...
[ad_1] Birmingham, Alabama-based Regions reported first-quarter net income of $612 million, which was up 12% from the year-ago period but down 11% from last year’s fourth...
[ad_1] Like a lot of regional banks, Fifth Third Bancorp raised its deposit rates substantially during a volatile first quarter as it sought to defend a...
[ad_1] Digital banks have experienced growth in deposits and customer base since the fall of Silicon Valley Bank as startups look to digital banks for forward-thinking...
[ad_1] Envestnet is rushing to release a product Monday that is designed to help financial institutions avoid a “Silicon Valley Bank situation.” The wealth tech giant’s...
[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...
[ad_1] Trading in shares of First Republic, Western Alliance, Signature and PacWest was halted on Friday following the failure of Silicon Valley Bank. The abrupt failure...
[ad_1] Silicon Valley Bank was taken over by regulators today following a week of abnormality that included a sale of securities on Wednesday, capital raising efforts...
[ad_1] Silicon Valley Bank has been closed by the California Department of Financial Protection and Innovation, and the Federal Deposit Insurance Corporation (FDIC) has been appointed...
[ad_1] A conflict between Abbott Cooper and First Foundation Inc. in Dallas will likely morph into a courtroom clash as Cooper, a prominent activist investor, appears...
[ad_1] At close to a third of banks analyzed by Janney, the loan-to-deposit ratio increased by at least 10 percentage points between the fourth quarter of...
[ad_1] In recent years, bankers were often able to receive their full bonus by making more loans to old and new clients. But this year, those...
[ad_1] New York City will now require banks that want to hold city deposits to provide detailed plans about what they’re doing to root out discrimination...
[ad_1] Bank of America says it will have to pay more for deposits in 2023 to stanch the runoff of recent months. Total fourth-quarter deposits fell...