[ad_1] JPMorgan Chase & Co. laid off about 1,000 former First Republic Bank employees Thursday,…
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STOCK MARKET
JPMorgan raises net-interest-income guidance to reflect $3 billion bump from First Republic Bank takeover
by userby user[ad_1] JPMorgan Chase & Co. raised its net-interest-income guidance on Monday by $3 billion to…
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STOCK MARKET
Banking group asks SEC for probe after alleging abusive short-selling practices
by userby user[ad_1] The trade group representing U.S. banks has asked the Securities and Exchange Commission to…
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STOCK MARKET
The story of falling regional banks, as told in this Monty Python meme video
by userby user[ad_1] The best commentaries on finance can come from unusual places. The Twitter account Efficient…
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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 user[ad_1] That was hedge fund billionaire Bill Ackman back with his two cents on the…
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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 user[ad_1] The banking crisis that began with the collapse of Silicon Valley Bank and now…
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STOCK MARKET
‘Generous but expensive’: The costs of helping banks alleviate deposit stress don’t come cheap
by userby user[ad_1] The costs of powerful backstops for banks are in the spotlight after First Republic…
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STOCK MARKET
PacWest stock plummets more than 50% after report of potential sale; other bank stocks fall too
by userby user[ad_1] PacWest Bancorp PACW shares tumbled more than 50% in after-hours trading Wednesday, taking other…
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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[ad_1] “I’m really turning more bearish,” Jeffrey Gundlach, CEO of DoubleLine, told CNBC on Wednesday,…
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STOCK MARKET
Selloff in regional-bank stocks halted as Western Alliance and PacWest shares move higher
by userby user[ad_1] Western Alliance Bancorp. led a rebound in regional-bank stocks Wednesday after an analyst said…