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First Citizens reports $9.5 bln profit on Silicon Valley Bank acquisition
[ad_1] First Citizens Bancshares Inc. FCNCA on Wednesday reported a first-quarter profit of $9.5 billion, or $653.64 a share, up sharply from a year-ago…
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Wall Street bonuses fall by the most since 2008 as policy makers mull economic impact
[ad_1] Wall Street bonuses fell 26% in 2022, the largest drop since the collapse of Lehman Brothers in 2008, as New York state and…
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U.S. bank stocks end with solid gains as 11 banks pledge $30 billon to First Republic
[ad_1] U.S. bank stocks ended regular trading with solid gains on Thursday, as banks announced a $30 billion deposit capital infusion for First Republic…
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First Republic and Western Alliance pace big rebound in regional-bank stocks after huge losses
[ad_1] Shares of regional banks posted big gains on Tuesday as they regained their footing after huge losses in the previous session, but volatility…
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Western Alliance and First Republic clobbered as regional bank jitters persist despite Fed backstops
[ad_1] Trading in shares of First Republic Bank and Western Alliance Bancorp ended sharply lower in a tough day of trading for regional banks…
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Democratic incumbent Warnock wins Georgia’s Senate runoff election — here’s why it matters
[ad_1] Democratic Sen. Raphael Warnock of Georgia has defeated his Republican challenger Herschel Walker in their closely watched runoff election, according to an Associated Press…