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The Latest Breaking News from FRB

'Disgruntled' engineer gets fired for porn on work laptop, claims he was watching the Matrix, revenge-hacks employer's IT network, lies to the secret service, goes directly to jail

No. 1 Bank Stock to Short This Week

No. 1 Bank Stock to Short This Week

Investors remain jittery over the future of regional banks. PacWest Bancorp (PACW) has seen its stock price plummet over the past few weeks on concerns over its ability to stay afloat. With news of the bank looking at several strategic options, including a sale, I believe it could be wise…

FDIC Has An Idea to Avoid Bank Runs

FDIC Has An Idea to Avoid Bank Runs

The FDIC recommends increasing the amount of deposit insurance after failures of several banks due to panicked depositors.

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First Republic Bank Goes Down

The San Francisco, Calif.-based bank was shut down on May 1, becoming the third major U.S. bank to fail since March 10.

First Republic Bank Is Almost Down. JPMorgan or PNC May Be Its Buyers

The two big banks have reportedly submitted bids to acquire the struggling Californian firm. The winner will be named on May 1.

First Republic Bank Close to Collapsing

The San-Francisco, California-based bank is rocked by a crisis of confidence that threatens its survival, unless there is a last-minute bailout.

Banking Crisis Is About to Claim Another US Bank

First Republic Bank is rocked by a crisis of confidence that threatens its survival, unless there is a last-minute bailout.

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Ackman Says Bank Of America Will Buy Signature Bank Monday, Predicts Crisis Of Confidence

Ackman Says Bank Of America Will Buy Signature Bank Monday, Predicts Crisis Of Confidence

Billionaire investor Bill Ackman said Friday that Bank of America will buy Signature Bank on Monday as other banks face peril

Interesting New Contractual Due Process Lawsuit by Former Harvard Business School Professor

The case, filed by, among others, lawyer and FIRE co-founder Harvey Silverglate, is Edelman v. President & Fellows of Harvard College; an excerpt: Plaintiff Benjamin Edelman brings this suit in law and equity to correct the harm that Harvard University has caused to his career, livelihood, and reputation by unlawfully…

BOJ's continued monetary-easing policy leaves yen vulnerable

BOJ's continued monetary-easing policy leaves yen vulnerable

The weakening of the yen continues unabated. As part of efforts to buoy the economy, the Bank of Japan appears set to continue its massive monetary-easing policy, in stark contrast to the approach adopted by the United States.

The Japan News/Yomiuri

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