JPMorgan Chase & Co. laid off about 1,000 former First Republic Bank employees Thursday, weeks…
wealth management
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STOCK MARKET
JPMorgan raises net-interest-income guidance to reflect $3 billion bump from First Republic Bank takeover
by userby userJPMorgan Chase & Co. raised its net-interest-income guidance on Monday by $3 billion to reflect…
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STOCK MARKET
Banking group asks SEC for probe after alleging abusive short-selling practices
by userby userThe trade group representing U.S. banks has asked the Securities and Exchange Commission to take…
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STOCK MARKET
The story of falling regional banks, as told in this Monty Python meme video
by userby userThe best commentaries on finance can come from unusual places. The Twitter account Efficient Market…
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STOCK MARKET
‘We are running out of time to fix this problem’ — Bill Ackman’s latest warning on regional banks
by userby userThat was hedge fund billionaire Bill Ackman back with his two cents on the regional…
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STOCK MARKET
SVB and First Republic are just the first of many U.S. banks that will fail — if you believe 800 years of history
by userby userThe banking crisis that began with the collapse of Silicon Valley Bank and now the…
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STOCK MARKET
‘Generous but expensive’: The costs of helping banks alleviate deposit stress don’t come cheap
by userby userThe costs of powerful backstops for banks are in the spotlight after First Republic Bank’s…
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STOCK MARKET
PacWest stock plummets more than 50% after report of potential sale; other bank stocks fall too
by userby userPacWest Bancorp PACW shares tumbled more than 50% in after-hours trading Wednesday, taking other bank…
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STOCK MARKET
‘Deposits are going to keep drifting out,’ says DoubleLine’s Gundlach, warning of echoes of S&L crisis at banks
by userby user“I’m really turning more bearish,” Jeffrey Gundlach, CEO of DoubleLine, told CNBC on Wednesday, after…
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STOCK MARKET
Selloff in regional-bank stocks halted as Western Alliance and PacWest shares move higher
by userby userWestern Alliance Bancorp. led a rebound in regional-bank stocks Wednesday after an analyst said the…