The biggest Western bank still operating in Russia gave its employees an extra $220 million over the last 6 months. That's an average of $24,000 per employee.

Tech Insider : Economy
A man walks past the logo of Raiffeisen bank seen atop a building behind a huge monument to Vladimir Lenin, the founder of the USSR, in Moscow on April 3, 2023. - Austrian banking group Raiffeisen, one of the last major Western banks in Russia, said on March 30, 2023 it was considering a
The biggest Western bank still operating in Russia gave its employees an extra $220 million over the last 6 months.

US lending 'meltdown' shows big investment slump is underway, economist says

Tech Insider : Economy
Man types into a calculator at a bank
Bank officer calculates loans

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Embattled First Republic bank says it will slash jobs as it explores strategic options

Tech Insider
A man rides a bicycle past the First Republic Bank branch in Santa Monica, California.
A man rides a bicycle past the First Republic Bank branch in Santa Monica, California on March 20, 2023.

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Switzerland may use emergency measures to expedite a deal with UBS and Credit Suisse, reports say

Tech Insider
Credit Suisse logo
UBS is in talks about a merger with Credit Suisse.

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A bank statement tracks your deposits, withdrawals, and balances over a period of time

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Why Did Silicon Valley Bank and Signature Bank Fail So Fast?

Gizmodo : Economy

Silicon Valley Bank and Signature Bank failed with enormous speed – so quickly that they could be textbook cases of classic bank runs, in which too many depositors withdraw their funds from a bank at the same time.

U.S. Government Saves Tech's Favorite Bank

Gizmodo : Economy

The U.S. government swooped in on Sunday to save the tech industry’s favorite bank, announcing that it would ensure all depositors in Silicon Valley Bank had full access to their money by Monday. Silicon Valley Bank is the second-largest bank to fail in U.S. history.

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First Republic bolsters liquidity after wild weekend of bank failures

Tech Insider
First Republic Bank
First Republic Bank assures its capital and liquidity positions are "very strong."

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Silicon Valley Bank's collapse means startups and VCs face billions in losses

Tech Insider
A man stands outside Silicon Valley Bank
Silicon Valley Bank was shut down Friday by regulators.

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Goldman Sachs says Apple stock will soar 32% over the next year with the market currently underestimating the stickiness of its product ecosystem

Tech Insider
Tim Cook Apple sitting on a red chair
Apple CEO Tim Cook

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