The Latest Breaking News from FDIC

First Republic up in air as regulators juggle bank's fate

Regulators continued their search for a solution to First Republic Bank’s woes over the weekend before stock markets were set to open Monday

The Independent UK · Apr 30, 2023

Time running out for US financial firms to bid for ailing bank First Republic

Deadline of Sunday set for companies such as JPMorgan Chase to table offer for California bank whose shares have plummeted

The Guardian - UK · Apr 30, 2023

Banks submit First Republic bids to FDIC

The government hopes to resolve the fate of bank by Monday's open on Wall Street.

Axios · Apr 30, 2023

Federal Reserve will consider tougher rules for banks after Silicon Valley Bank failure

The proposals come in an internal review that found looser rules were a key culprit behind Silicon Valley Bank's collapse.

Axios · Apr 28, 2023

Is my money safe? What you need to know about bank failures

Recent bank failures may have you worried about your money

The Independent UK · Apr 28, 2023

The $100 billion meltdown of First Republic could play out 3 ways—and 2 are terrible for shareholders

The once high-flying bank has seen shareholders flee as concern mounts that the FDIC may have to step in.

Fortune · Apr 28, 2023

Markets Today: Stocks Continue Their Rally

Morning Markets The S&P 500 Index ( $SPX ) ( SPY ) today is up +0.46%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is up +0.40%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is up +0.30%. U.S. stock indexes are moderately higher,...

Barchart · Apr 28, 2023

Markets Today: Weakness in Tech Stocks Weighs on Stock Index Futures

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.29%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.22%. U.S. stock index futures this morning are moderately lower. Weakness in technology stocks is weighing on the overall market after Amazon.com gave up a +12%...

Barchart · Apr 28, 2023

What went wrong at Silicon Valley Bank? The Fed is set to release a postmortem report

The Federal Reserve and the FDIC are set to report Friday on their oversight of two failed banks. The banks' collapse six weeks ago rocked credit markets and raised the risk of recession.

WEKU · Apr 27, 2023

ASX falls, Japan's Kirin to buy Blackmores for $2 billion, Wall St eases as First Republic banking crisis outweighs tech profits — as it happened

The Australian share market has fallen for the fifth session in a row, and vitamins firm Blackmores has soared after Japan's Kirin Holdings announced it would buy the natural health company for nearly $2 billion.

ABC News · Apr 26, 2023