Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from First Republic

Shares of smaller lenders sink once again, reviving fears about the banking sector

PacWest and Western Alliance were among the smaller lenders that saw shares tumble even as the banks sought to reassure their customers and investors..

WEKU · May 4, 2023

Billionaire investing royalty is scared about more bank failures: ‘We are running out of time to fix this problem’

Bill Ackman, Nelson Peltz, and Jeffrey Gundlach all think the Fed is wrong about the banking system.

Fortune · May 4, 2023

Digital bank runs: social media played a role in recent financial failures but could also help investors avoid panic

A crisis of confidence in the US banking sector led people to pull their money from banks including Silicon Valley Bank and Credit Suisse, and more recently, First Republic Bank and California-based PacWest Bancorp. The way these events have unfolded have created a new term in the vocabulary of finance:…

The Conversation · May 4, 2023

From analysis to the latest developments in health,
read the most diverse news in one place.

Trading halted in shares of two more US lenders as fears of banking crisis mount

Regulators step in after PacWest and Western Alliance shares plunge as investors fear repeat of First Republic, SVB and Signature failures

The Guardian - UK · May 4, 2023

First Republic: will UK banks survive unscathed?

The Treasury has sought to reassure the public that the British banking system is safe after First Republic became the third major US bank to fail in two months.

The Week · May 4, 2023

Elizabeth Warren says U.S. taxpayers will have to foot the bill if JPMorgan ‘stumbles’ after First Republic buyout

The Democratic senator raised concerns about the deal reigniting the “too big to fail” problem.

Fortune · May 3, 2023

VCs aren’t convinced JPMorgan’s acquisition of First Republic stems the crisis

As bank failures and a weak fundraising environment persist, some fundraising cycles might get drawn out.

Fortune · May 3, 2023

Read news from The Economist, FT, and more,
with one subscription

One of Wall Street's top investors says banks forgot 'Finance 101', landing them in same crisis the sector has been seeing for decades

“How many times are we going to learn this lesson?” he questioned after the collapse and rescue of First Republic.

Fortune · May 3, 2023

Barclays AGM disrupted by Spice Girl-themed climate protests; oil and gas prices slide – as it happened

Protesters demand an end to Barclays funding fossil fuel projects

The Guardian - UK · May 3, 2023

Stock Market Today: Stocks Slide Ahead of Fed Announcement

The major indexes tumbled Tuesday as anxiety ramped up ahead of tomorrow's policy announcement from the Federal Reserve.

Kiplinger · May 2, 2023

Bank stocks continue to fall following First Republic demise

Regulators have barely written the epitaph for First Repbulic Bank, but investors on Wall Street have already moved onto speculating which bank might be the next to fail

The Independent UK · May 2, 2023

Is the banking crisis coming to an end? As JP Morgan CEO notes, risks linger

Jamie Dimon says this phase of bank collapses is over, but ‘other cracks in the system’ could still be revealed

The Guardian - UK · May 2, 2023

Fed begins talks that could herald end of rate hikes

WASHINGTON: The US Federal Reserve on Tuesday opened a two-day meeting to decide whether to raise its benchmark lending rate for a 10th — and possibly final — time to tackle rising prices.

Bangkok Post · May 2, 2023

Citibank CEO ‘very pleased’ First Republic’s demise eliminates the last big threat from banking's recent turmoil

With the collapse of the second-largest commercial lender in U.S. history, Citi’s Jane Fraser believes the financial sector is now poised to draw a line under the crisis.

Fortune · May 2, 2023

Get all your
news in one place.

100's of premium titles.
One news app.

Fortune · May 2, 2023

How JPMorgan turned First Republic's nightmarish week into a dream scenario for shareholders

A Fortune report explains what propelled JPMorgan to land First Republic’s assets in an auction with several rival bidders.

Fortune · May 2, 2023

VCs aren’t convinced JPMorgan’s acquisition of First Republic stems the crisis

“I think people will remain skittish for quite some time” after the collapse of First Republic, Cake Ventures’s Monique Woodward says.

Barchart · May 2, 2023

S&P Futures Tick Lower Ahead of Fed Meeting, U.S. JOLTs Report in Focus

June S&P 500 futures (ESM23) are trending down -0.16% this morning after three major U.S. benchmark indices finished the regular session lower as investors weighed First Republic rescue while bracing for central bank meetings, a deluge of quarterly earnings reports, and crucial U.S. economic data.

Barchart · May 2, 2023

S&P Futures Tick Lower Ahead of Fed Meeting

Get all your
news in one place.

100's of premium titles.
One news app.

Barchart · May 2, 2023

S&P Futures Tick Lower as Focus Shifts to Fed Meeting

The Guardian - UK · May 2, 2023

HSBC rules out banking crisis as profits triple after Silicon Valley Bank deal

Failure of four banks in six weeks is purely a sign of poor risk management, says chief executive

Al Jazeera · May 2, 2023

US banking crisis: Is your money safe?

As another US bank collapses, here’s what you need to know about how to keep your money safe.

The Independent UK · May 2, 2023

Stock market today: Asia shares mixed on holiday mode trade

Asian shares are mixed with some markets closed or anticipating holidays and investors showing muted reaction to the latest U.S. banking failure

Chicago Sun-Times · May 2, 2023

First Republic Bank seized, sold in fire sale to JPMorgan

In the second-largest bank failure in U.S. history, officials seize First Republic Bank, selling its deposits and most of its assets. It’s the third midsize bank to fail in two months.

Zenger · May 1, 2023

First Republic Bank Fails As Former Treasury Secretary Larry Summers Warns The Consequences To Come

The failed bank was taken over by the FDIC and taken over by JPMorgan Chase A Month After Received A $30 billion deposit

ABC News · May 1, 2023

Reserve Bank hikes cash rate to 3.85 per cent, ASX hits three-week low, Qantas appoints new CEO to replace Alan Joyce

The RBA has surprised markets and economists by lifting interest rates to 3.85 per cent, after being widely predicted to stay on hold for a second month. Look back on the day's events as they happened with our blog.

1 2 3 4 5

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

the US Federal Reserve

233 stories

the Financial Conduct Authority

225 stories

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.