First Republic stock crashes 46% as regulators seize the bank and JPMorgan takes it over

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A pedestrian walks by a First Republic bank on April 26, 2023 in San Francisco, California.
First Republic stock has plummeted in the wake of Silicon Valley Bank's demise.

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SVB depositors including Roku and Roblox are under scrutiny from Elizabeth Warren and AOC for their 'unusually cozy' relationships with the failed bank

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AOC
Rep. Alexandria Ocasio-Cortez of New York.

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Investors poured a record $300 billion into money-market funds in just 3 weeks. Here's what they are, and why they're surging in popularity.

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US dollar notes
US dollar notes.

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First Republic and other regional bank stocks surge as Yellen sees crisis 'stabilizing' and big lenders eye more support

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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.

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Treasury Secretary Janet Yellen says the US banking crisis is 'stabilizing' and the government could provide more backing for deposits

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Treasury Sec. Janet Yellen
U.S. Treasury Secretary Janet Yellen at IMF headquarters in October 2022 in Washington, DC.

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Investors are still worried about a run on deposits of some ailing banks while massive lifelines buy more time

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Credit Suisse
Credit Suisse stock plummeted on Wednesday during the bank's largest one-day selloff to date.

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More banks could soon fail - but that could end up being good news for stocks

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Good morning. I'm senior reporter Phil Rosen. 

As regional bank stocks tanked yesterday, contagion remains top of mind, and commentators are warning of more risks to the financial sector. 

The rescue of SVB and Signature Bank depositors leaves the incentive for bank runs, Wharton finance professor says

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A worker arrives to the Signature Bank headquarters in New York City, U.S., March 12, 2023. REUTERS/Eduardo Munoz
Signature Bank headquarters in New York City.

REUTERS/Eduardo Munoz

A bank CEO explains how the Silicon Valley Bank failure could actually build trust in the system and why it'll have little impact on Fed policy

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Silicon Valley Bank failure
Silicon Valley Bank

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