'Big Short' Michael Burry bought First Republic, PacWest stock in Q1: "The Big Short" investor Michael Burry bought First Republic, PacWest, and other bank ...
markets.businessinsider.com/news/stocks/big-short-michael-burry-scion-bank-stocks-first-republic-pacwest-2023-5
First Republic Becomes Second-Largest Ever US Bank Failure: For just over one month, Silicon Valley Bank was the second-largest bank failure in US history ...
bloomberg.com/news/articles/2023-05-01/first-republic-ranks-as-second-largest-ever-us-bank-failure
Quick Glance: First Republic Bank Receives Bids from JPMorgan and PNC
- We discovered you are using Internet Explorer.
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- JPMorgan and PNC are two of the banks bidding for First Republic.
Smaller Banks Are Scrambling as Share Prices Plunge: Investors are not convinced that regional banks including PacWest and Western Alliance can remain viable ...
nytimes.com/2023/05/04/business/regional-banks-stock-price-pacwest.html
Chase takeover of First Republic Bank: What customers need to know: From deposits to loans to branch service, here's what the takeover of First Republic Bank by ...
sfchronicle.com/bayarea/article/first-republic-bank-jpmorgan-chase-takeover-faq-18073717.php
NYSE to delist First Republic Bank shares: The New York Stock Exchange said on Tuesday it will delist shares of First Republic Bank (FRC.N) ...
reuters.com/business/finance/nyse-delist-first-republic-bank-shares-2023-05-02/
Your Evening Briefing: First Republic Shares Take a Fresh Dive: Get caught up.
bloomberg.com/news/newsletters/2023-04-28/bloomberg-evening-briefing-first-republic-shares-take-a-fresh-dive
Apple’s balance sheet is golden and delicious: Rising interest rates have contributed to bank failures, real estate troubles and a general sense of malaise in ...
reuters.com/breakingviews/apples-balance-sheet-is-golden-delicious-2023-05-04/
Quick Glance: What Drives the Apple Craze? Two Indian Fans Meet Tim Cook to Find Out
- I own a MacBook, iPod, iPad, AppleTV, iPhone, Apple Watch, AirPods, and HomePod.
- I own over 35 products, including accessories like MagSafe chargers, cases, and watch straps.
- Apple has built brand loyalty over the years, with customers who are not only enthusiastic but also passionate about its products, even though they are priced higher than competitors.
- Since its founding in 1976, Apple has continued to surprise fans with products that have gone from the Mac, iPod, and iPhone to AirPods, iWatch, iPad, and more.
Senator Warren blames First Republic executives for "mismanagement": U.S. Senator Elizabeth Warren has accused First Republic Bank executives of "mismanagement" ...
reuters.com/business/finance/senator-elizabeth-warren-seeks-information-first-republics-former-ceo-wsj-2023-05-04/
Shares of First Republic sink, as banking industry woes flare anew: On Wednesday, government officials, regulators and industry executives were scrambling to ...
washingtonpost.com/business/2023/04/26/first-republic-bank/
Quick Glance: First Republic Bank misappropriated $102 billion in customer deposits.
- First Republic borrowed $92 billion in the first quarter, largely from the Federal Reserve and government-backed lending groups, virtually replacing its deposits with loans.
- The decline began around six weeks ago, when federal regulators took over the midsize lenders Silicon Valley Bank and Signature Bank after consumers withdrew billions of dollars in deposits.
- Several larger banks considered buying First Republic in the days and weeks following Silicon Valley Bank's bankruptcy.
- However, a settlement was not reached, and JPMorgan Chase CEO Jamie Dimon and Treasury Secretary Janet L. Yellen collaborated to pump $30 billion in deposits into the bank.
Investor Flight to Money Market Funds Slows Dramatically in April: Bank exodus levels off as worries cool over regional bank crisis.
morningstar.com/articles/1157226/investor-flight-to-money-market-funds-slows-dramatically-in-april
Warren Buffett strikes dour tone on US economy, warns boom is over: Warren Buffett expects profits to fall across most of Berkshire Hathaway's businesses this ...
markets.businessinsider.com/news/stocks/warren-buffett-us-economy-outlook-recession-interest-rates-berkshire-hathaway-2023-5
Quick Glance: Buffett Names Apple as Berkshire Portfolio's Best Business
- Warren Buffett stated that Apple is the best business in Berkshire Hathaway's portfolio.
- Apple is different from the other businesses owned by Berkshire.
- During Berkshire's annual meeting in Nebraska, Buffett said that Apple is simply a better business.
- Berkshire currently holds a 5.6% stake in Apple and Buffett said it could buy more.
Mattel releases first Barbie doll with Down syndrome: The doll will “allow even more children to see themselves in Barbie," toy giant Mattel said Tuesday.
axios.com/2023/04/25/down-syndrome-barbie-doll-2023
Quick Glance: Ellie Goldstein, a model, shares an empowering message about the first Barbie doll with Down syndrome.
- Ellie Goldstein, a model and former "Glamour" UK cover star, has given a passionate message regarding the world's first Barbie doll with Down syndrome.
- I'm honored that Barbie chose me to introduce the dolls to the world.
- "It was an honour working with Barbie on the Barbie doll with Down syndrome," said Kandi Pickard, president and CEO of the National Down Syndrome Society.
- "This means so much for our community, who, for the first time, can play with a Barbie doll that looks like them."
US regional banks rally, capping whipsaw week: Shares in PacWest Bancorp (PACW.O) jumped nearly 82% amid a broader rebound in U.S. regional banks on Friday after ...
reuters.com/business/finance/us-regional-lenders-eke-out-gains-after-brutal-sell-off-2023-05-05/
First Republic Bank Will Be Missed…For Its Free Umbrellas: The coveted giveaway for clients was the forest-green umbrella. Carrying it around ‘makes me feel like ...
wsj.com/articles/first-republic-bank-collapse-swag-free-umbrellas-b46fc45f
SEC probing First Republic Bank executives for insider trading, Bloomberg reports
reuters.com/markets/us/first-republic-bank-executives-trading-probed-by-sec-investigators-bloomberg-2023-05-05/
First Republic Bank Executives Reportedly Under Investigation For Possible Insider Trading
forbes.com/sites/nicholasreimann/2023/05/05/first-republic-bank-executives-reportedly-under-investigation-for-possible-insider-trading/
Fed raises interest rates 0.25%, escalating inflation fight amid banking woes: Rate hikes have contributed to a banking crisis and economic slowdown this year.
abcnews.go.com/Business/fed-raises-interest-rates-025-escalating-inflation-fight/story
Fifth Third Bancorp bid for First Republic before sale to JPMorgan -sources: Fifth Third Bancorp (FITB.O) was one the banks that submitted final bids for First ...
reuters.com/business/finance/fifth-third-bancorp-bid-first-republic-before-sale-jpmorgan-sources-2023-05-01/
Chase Just Bought Your Bank: What First Republic Bank Customers Need to Know: What the deal means for deposits, interest rates and FDIC protection
wsj.com/articles/chase-just-bought-your-bank-what-first-republic-bank-customers-need-to-know-c916fc93
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First Republic’s Fate Uncertain After Stock’s Harrowing Drop: First Republic Bank’s week of harrowing stock drops and urgent work toward a deal to shore up its ...
bloomberg.com/news/articles/2023-04-29/first-republic-s-fate-uncertain-after-stock-s-harrowing-tumble
First Republic Bank Getting Bids from JPMorgan and PNC : A bidding process for the bank's assets could conclude as soon as Sunday. The FDIC would simultaneously ...
barrons.com/articles/first-republic-jpmorgan-pnc-fdic-8f673da6
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Andreas Wesemann asks what government-backed deposit insurance is for: The banking system would be stronger without it, argues the investment banker
economist.com/by-invitation/2023/05/01/andreas-wesemann-asks-what-government-backed-deposit-insurance-is-for
What killed First Republic? Failure to gather deposits at 'digital scale': A noted futurist argues that banks that rely on traditional methods of attracting and ...
americanbanker.com/opinion/what-killed-first-republic-failure-to-gather-deposits-at-digital-scale
Paid articlePaid
Banks Are in the Grips of Investor Crisis of Confidence: First Republic Bank’s failure demonstrates why lenders are vulnerable to a loss of faith.
wsj.com/articles/banks-are-in-the-grips-of-investor-crisis-of-confidence-62e05b4
BNP only partly earns title of Europe’s JPMorgan: Bank investors and analysts often like to say that BNP Paribas (BNPP.PA) is the closest Europe has to a ...
reuters.com/breakingviews/bnp-only-partly-earns-title-europes-jpmorgan-2023-05-03/
Exclusive: US officials assessing possible 'manipulation' on banking shares: U.S. federal and state officials are assessing whether "market manipulation" caused ...
reuters.com/markets/us/us-officials-assessing-possible-manipulation-banking-shares-source-2023-05-04/
JPMorgan and its head Jamie Dimon have once again taken on the role of bank savior after buying First Republic. Lauren Silva Laughlin explains how this is good ... Show more
First Republic Bank to Weigh Up to $100 Billion in Asset Sales: First Republic Bank is exploring divesting $50 billion to $100 billion of long-dated securities ...
bloomberg.com/news/articles/2023-04-25/first-republic-said-to-weigh-up-to-100-billion-in-asset-sales
Toronto-Dominion Bank, First Horizon Call Off Merger: Banks cite regulatory hurdles in canceling $13.4 billion deal
wsj.com/articles/toronto-dominion-bank-first-horizon-terminate-merger-agreement-38d58b35
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First Republic Bank Iss Running Out of Options. What Comes Next. : Here are three potential scenarios for the troubled San Francisco bank as it struggles to stay ...
barrons.com/articles/first-republic-bank-lifeline-fdic-deposits-41ecd9f0
Paid articlePaid
Whatever First Republic’s Fate, the Big Banks Will Win: Any credit crunch ahead will be felt unevenly.
bloomberg.com/news/newsletters/2023-04-28/first-republic-bank-s-struggles-affect-credit-markets-unevenly
Too Big to Fail, But Not Too Big to Bail Out Other Banks: JPMorgan has dominated the financial world since, well, J.P. Morgan.
bloomberg.com/news/articles/2023-05-04/first-republic-deal-cements-jpmorgan-s-and-dimon-s-dominance
Morning Bid: Another one bites the dust: A look at the day ahead in U.S. and global markets from Amanda Cooper.
reuters.com/markets/us/global-markets-view-usa-pix-2023-05-01/
Stocks making the biggest moves premarket: First Republic, JPMorgan Chase, SoFi Technologies & more
cnbc.com/2023/05/01/stocks-making-the-biggest-moves-premarket-frc-jpm-sofi-more.html
Stocks rally while Treasuries fall as US jobs data brightens outlook: A global gauge of stocks rallied and U.S. Treasuries and gold sold off on Friday as strong ...
reuters.com/markets/global-markets-wrapup-1-2023-05-05/
The Other Space Cowboy in Town: How a Kiwi hobbyist became a major player in rocketry.
bloomberg.com/news/newsletters/2023-05-04/peter-beck-s-rocket-lab-is-the-other-space-cowboy-in-town
Bank buyers expect sweeteners as US government sets new bar: The government-brokered purchases of First Republic, Signature and Silicon Valley banks have created ...
reuters.com/business/finance/bank-buyers-expect-sweeteners-us-government-sets-new-bar-2023-05-05/
Big Pension Sold First Republic Stock, Bought AMC and DR Horton: New Jersey’s state pension sold all its First Republic stock in the first quarter ...
barrons.com/articles/first-republic-stock-amc-wayfair-dr-horton-d3293236
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First Republic Bank seized and sold to JP Morgan Chase, Met Gala recap: 5 Things podcast
usatoday.com/story/news/nation/2023/05/02/first-republic-sold-to-jp-morgan-met-gala-recap-5-things-podcast/70173500007/
Nearly half of Americans are nervous about their money in the bank, Gallup survey finds
cnn.com/2023/05/04/economy/gallup-survey-americans-money-in-bank/
PacWest shares plummet after bank says it lost 9% of deposits last week: The sharp decline of PacWest stock prompted a pause in trading of its shares.
abcnews.go.com/Business/pacwest-shares-plummet-after-bank-lost-9-deposits/story
JPMorgan CEO Dimon says bank is convening a 'war room' on debt ceiling: JPMorgan Chase & CO (JPM.N) CEO Jamie Dimon said on Thursday the bank is convening weekly ...
reuters.com/business/finance/jpmorgan-ceo-jamie-dimon-says-bank-is-preparing-war-room-debt-ceiling-2023-05-11/
The Calculus Behind Firing Tucker Carlson: The host was Fox News’s brightest star, but his history of controversy and potential legal issues may have prompted ...
nytimes.com/2023/04/25/business/dealbook/the-calculus-behind-firing-tucker-carlson.html
Quick Glance: Tucker Carlson earned up to $20 million a year at Fox News.
- Fox News confirmed the departure of primetime personality Tucker Carlson on Monday morning.
- According to a person familiar with contract discussions at Fox and other networks, Carlson, 53, was making between $15 million and $20 million a year anchoring "Tucker Carlson Tonight," Fox News' mainstay one-hour long nightly talk show.
- According to this guy, his compensation places him among the highest paid in the industry.
- If the anchor was dismissed for cause, Fox is not required to pay him anything beyond his last on-air appearance on Friday, according to a person familiar with Fox News' contract negotiations.
Apollo, BlackRock Backed PNC’s Failed Bid for First Republic: Apollo Global Management Inc. and BlackRock Inc. were lined up to back PNC Financial Services Group ...
bloomberg.com/news/articles/2023-05-01/apollo-blackrock-backed-pnc-s-failed-bid-for-first-republic
Warren Buffett Has a History With Banks—as a Critic and Investor: The CEOs and directors of failed banks should suffer, said the billionaire investor and ...
wsj.com/articles/warren-buffett-has-a-history-with-banksas-a-critic-and-investor-62172d92
Pullback in Bank Lending Is Worrying, Guggenheim’s Schwartz Says: The recent wave of “idiosyncratic” regional bank failures is stabilizing, but a pullback in ...
bloomberg.com/news/articles/2023-05-03/pullback-in-bank-lending-is-worrying-guggenheim-s-schwartz-says
Warren Buffett says Berkshire is cautious on banking sector: Warren Buffett on Saturday said Berkshire Hathaway (BRKa.N) is cautious around the banking sector ...
reuters.com/business/finance/warren-buffett-says-berkshire-cautious-banking-sector-2023-05-06/
Biden v. Trump: The rematch that nobody really wants: Most Americans say they don't want former President Trump or President Biden to run for president 2024.
axios.com/2023/04/25/2024-trump-biden-presidential-rematch
First Republic's strategic options "very challenging" - Fitch: First Republic Bank's (FRC.N) strategic options are "very challenging" because any potential sale ...
reuters.com/business/finance/first-republics-strategic-options-very-challenging-fitch-2023-04-25/
Wall Street Is Betting the Regional Bank Crisis Isn’t Over Yet: JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon made a bold call on Monday: his firm’s ...
bloomberg.com/news/articles/2023-05-03/wall-street-is-betting-the-regional-bank-crisis-isn-t-over-yet
Fed data shows failed bank First Republic was key central bank borrower: Federal Reserve data on Thursday showed a large part of the central bank's emergency ...
reuters.com/business/finance/fed-data-shows-failed-bank-first-republic-was-key-central-bank-borrower-2023-05-04/
Five Things You Need to Know to Start Your Day: JPMorgan to acquire First Republic Bank. IBM plans to replace thousands of jobs with AI ...
bloomberg.com/news/newsletters/2023-05-01/five-things-you-need-to-know-to-start-your-day
U.S. Treasury encouraged by First Republic resolution, says banking system remains sound
reuters.com/markets/us/us-treasury-encouraged-by-first-republic-resolution-says-banking-system-remains-2023-05-01/
Regional Banks Might Scare Investors, But Depositors Are Staying Put: Investors have punished a handful of US regional banks amid fears the turmoil will ensnare ...
bloomberg.com/news/articles/2023-05-05/pacwest-western-alliance-depositors-sit-tight-in-stock-turmoil
UK Depositors Pull £11 Billion Out of Banks After SVB Crisis: British households and businesses pulled almost £11 billion ($13.8 billion) out from banks in March ...
bloomberg.com/news/articles/2023-05-04/uk-depositors-pull-11-billion-out-of-banks-after-svb-crisis
Hollywood writers strike, NHL playoffs and the Met Gala. What happened in this week's news?
usatoday.com/storytelling/quiz/news-quiz/2023-05-05/
Western Alliance says no unusual deposit outflows after First Republic sale: Western Alliance Bancorp (WAL.N) said on Wednesday it had not experienced unusual ...
reuters.com/markets/us/western-alliance-says-no-unusual-deposit-outflows-after-first-republic-sale-2023-05-04/
US Regional Banks Slump as Rout Deepens on First Republic Flop: Regional US banking stocks headed for yet another day of heavy losses after the failure of ...
bloomberg.com/news/articles/2023-05-03/us-regional-banks-come-under-pressure-as-rebound-remains-elusive
First Republic Bank shares sank more than 20% after the closing bell as it said deposits plunged by more than $100 billion in the first quarter and it was ... Show more
First Republic Shares Slip on Report of Buyers for New Stock: First Republic Bank shares slumped on a report that advisers have lined up potential buyers of new ...
bloomberg.com/news/articles/2023-04-26/first-republic-shares-slip-on-report-of-buyers-for-new-stock
US stocks ended little changed as investors took in the weekend auction of First Republic Bank and braced for this week's expected interest rate hike from the ... Show more
Bitcoin jumps 8% as First Republic pulls banking sector concerns back into focus: Just as worries about the banking sector seemed to fade, troubles at First ...
cnbc.com/2023/04/26/bitcoin-jumps-as-first-republic-pulls-banking-sector-concerns-back-into-focus.html
Bill Ackman Warns US Regional Banking System Is at Risk: The regional banking system is at risk and the regulator’s failure to update and expand its insurance ...
bloomberg.com/news/articles/2023-05-03/bill-ackman-warns-us-regional-banking-system-is-at-risk
Bitcoin pulls back to start May as First Republic Bank saga comes to an end: Crypto fell to start May as investors bet the takeover of First Republic Bank could ...
cnbc.com/2023/05/01/bitcoin-pulls-back-to-start-may-as-first-republic-bank-saga-comes-to-an-end.html
Busted Banks Wipe Out $54 Billion of Stocks, Bonds During Turmoil: The collapses that claimed four US lenders this year have stuck investors with more than $54 ...
bloomberg.com/news/articles/2023-05-03/busted-banks-wipe-out-54-billion-of-stocks-bonds-amid-turmoil
Why The First Republic Failure Is Different: Another bank failed, but this one was different from the others.
slate.com/podcasts/slate-money/2023/05/why-first-republic-bank-failed
Reactions: US regional banks fall as FRC failure shakes faith in banking sector recovery
reuters.com/business/finance/us-regional-banks-fall-frc-failure-shakes-faith-banking-sector-recovery-2023-05-02/
Reportagem dos meios de comunicação social: a empresa de trotinetes electrónicas Tier procura uma venda ou uma fusão
businessinsider.de/gruenderszene/business/e-scooter-startup-tier-fusion-verkauf/
Take Five: Sell in May?: Fresh turbulence in U.S. banks and debt ceiling woes in Washington suggest recent stability in world markets will most certainly be put ...
reuters.com/business/take-five/global-markets-themes-takealook-2023-05-05/
First Republic’s Demise Kicks Off a Fight Over Regulation: This is Washington Edition, the newsletter about money, power and politics in the nation’s capital ...
bloomberg.com/news/newsletters/2023-05-01/first-republic-s-demise-kicks-off-a-fight-in-washington-over-regulation
Bank Stocks Look Worse Than Banks Do: Also name confusion, Coinbase vs. SEC, and US vs. South Korea vs. Do Kwon.
bloomberg.com/opinion/articles/2023-05-05/bank-stocks-look-worse-than-banks-do
Bad Sign for First Republic: The Chase Branches Next Door: JPMorgan just bought more than 80 branches that have ‘near total’ overlap with its own
bloomberg.com/news/articles/2023-05-03/will-jpmorgan-shut-first-republic-s-branches-here-s-where-they-overlap
FDIC Asks Banks for Final First Republic Bids Due Sunday: The Federal Deposit Insurance Corp. has asked banks including JPMorgan Chase & Co. ...
bloomberg.com/news/articles/2023-04-29/fdic-asks-jpmorgan-pnc-for-final-first-republic-bids-due-sunday
SEC reportedly investigating First Republic executives: SEC reportedly investigating First Republic executives for potential insider trading
sfchronicle.com/bayarea/article/first-republic-bank-18083519.php
McCarthy Stands Firm on Demanding Cuts to Raise Debt Ceiling: This is Washington Edition, the newsletter about money, power and politics in the nation’s capital ...
bloomberg.com/news/newsletters/2023-04-27/kevin-mccarthy-stands-his-ground-in-debt-limit-fight-with-joe-biden
Bitcoin Climbs as US Bank Failure Bolsters Crypto Narrative: Bitcoin climbed Tuesday as renewed fears of stability in the US financial system bolstered the price ...
bloomberg.com/news/articles/2023-05-02/bitcoin-climbs-as-us-bank-failure-bolsters-crypto-narrative
Your Evening Briefing: Fed Eyes Pause Amid Banking and Default Fears: Get caught up.
bloomberg.com/news/newsletters/2023-05-03/bloomberg-evening-briefing-fed-eyes-pause-amid-bank-and-default-fear
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