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First Republic

The crash in US regional bank stocks isn't over as the lenders face regulatory changes and commercial-property risks, Morgan Stanley strategist says

Tue, 04/25/2023 - 09:26

Tech Insider

People cross the street near the Morgan Stanley headquarters in New York. — Morgan Stanley HQ
Reuters

Markets, MI Exclusive, Stocks, regional bank stocks, Regional Banks, Commercial Real Estate, Morgan Stanley

First Republic just revealed how SVB's failure rattled its business - and shared plans that may fuel fears of a credit crunch

Tue, 04/25/2023 - 08:13

Tech Insider

office space bobs — First Republic's bosses expect to lay off 20% to 25% of the bank's employees this quarter.
YouTube / Office Space

Markets, MI Exclusive, Stocks, First Republic, Banking Crisis, Bank failures, Silicon Valley Bank

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

Mon, 04/24/2023 - 17:28

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.
PATRICK T. FALLON/AFP via Getty Images

finance, Bank, Regional Banks, bank crisis, First Republic, Deposits, JPMorgan Chase

Americans are already feeling the effects of a credit crunch

Mon, 04/10/2023 - 14:46

Tech Insider

A bank teller using a cash counting machine counting dollar bills in a bank branch. — A bank teller using a cash counting machine counting dollar bills in a bank branch.
Hero Images Inc. via Getty Images

Markets, MI Exclusive, Credit Crunch, Recession, Credit, SVB, Silicon Valley Bank

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.

Mon, 04/03/2023 - 09:33

Tech Insider

US dollar notes — US dollar notes.
(Photo credit should read CFOTO/Future Publishing via Getty Images

Markets, MI Exclusive, money markets, Money market fund, Banking, Banking Crisis, us banking crisis

Bitcoin's 'watershed moment' is here, thanks to the banking turmoil. Here's why the biggest cryptocurrency is enjoying its best quarter in 2 years amid financial turbulence.

Sun, 03/26/2023 - 05:00

Tech Insider : Crypto

Blue bitcoin — Bitcoin has risen nearly 40% since early March when SVB collapsed.
Yuichiro Chino

Markets, MI Exclusive, crypto, Bitcoin, Banking Crisis, US Banking Industry, us banking crisis

4 banks have collapsed in less than a month. Here's what Jerome Powell, Nouriel Roubini, Elon Musk and others are saying about the turmoil.

Sat, 03/25/2023 - 08:00

Tech Insider

elon musk jerome powell split screen wide — Erika Ramirez/Insider

Markets, MI Exclusive, Federal Reserve, bank crisis, Signature Bank, First Republic, Silicon Valley Bank

The banking crisis risks severe spillover across the financial sector and beyond, Moody's says

Thu, 03/23/2023 - 13:48

Tech Insider

Silicon Valley Bank, Fed Chair Jerome Powell — Silicon Valley Bank, Fed Chair Jerome Powell
John Brecher for The Washington Post via Getty Image, Anna Moneymaker/Getty Images

Markets, MI Exclusive, bank crisis, SVB, Silicon Valley Bank, Fed, Federal Reserve

Bill Ackman warns the US economy is heading for a 'train wreck' as the Fed hikes interest rates again

Thu, 03/23/2023 - 07:45

Tech Insider

Bill Ackman — Bill Ackman.
Reuters/ Eduardo Munoz

Markets, MI Exclusive, Bill Ackman, Banking Crisis, US banking system, us banking crisis, SVB

Jeremy Siegel says bitcoin's rush higher will fizzle out once people trust banks again

Wed, 03/22/2023 - 09:38

Tech Insider : Crypto

jeremy siegel — Jeremy Siegel.
Steve Marcus/Reuters

Markets, MI Exclusive, crypto, Bitcoin, Jeremy Siegel, Wharton professor Jeremy Siegel, crypto investing

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