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Ex-Goldman CEO Lloyd Blankfein phoned his successor to complain after taking a $50 million hit on the bank's stock - and even offered to rejoin the firm, report says

Fri, 08/11/2023 - 10:45

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JPMorgan CEO Jamie Dimon wants US regulators to consider a ban on the short selling of bank stocks

Thu, 05/11/2023 - 15:59

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Jamie Dimon, CEO, JPMorgan Chase — Jamie Dimon is the CEO of JPMorgan Chase. Employees at America's biggest bank say that suspicion and fear have engulfed the firm, stemming from its data-collection efforts.
Misha Friedman/Getty Images

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PacWest plummets 28% to resume sell-off after the regional bank says deposits fell 9.5% last week

Thu, 05/11/2023 - 09:17

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A branch of regional lender Pacific Western Bank in Whittier, California.
AP Photo/Ashley Landis

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The biggest banks will pay to replenish the FDIC's deposit insurance fund, report says

Fri, 05/05/2023 - 10:06

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The Federal Deposit Insurance Corp (FDIC) logo is seen at the FDIC headquarters in Washington

Thomson Reuters

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The top commentators in markets say the bank crisis isn't anywhere close to over.

Fri, 05/05/2023 - 06:30

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Good morning to yet another day of the bank crisis. Phil Rosen here — can you believe it's been almost two months since Silicon Valley Bank collapsed?

But here we are still talking about which banks could be next to fall.

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PacWest and First Horizon plummet 40% as banking-industry nerves spur speculation of further consolidation

Thu, 05/04/2023 - 09:58

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NYSE Trader — Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 9, 2020.
Bryan R Smith/Reuters

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PacWest, Western Alliance lead regional bank sell-off of more than 20% a day after Jamie Dimon said the crisis had ended

Tue, 05/02/2023 - 12:43

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trader upset angry sad nyse — Getty Images / Drew Angerer

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First Republic's takeover worsens the 'too big to fail' bank problem, and taxpayers will be on the hook, Elizabeth Warren says

Mon, 05/01/2023 - 15:12

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Sen. Elizabeth Warren.
Tom Williams/CQ-Roll Call, Inc via Getty Images

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First Republic Bank shares tank 43% after report says the struggling lender is likely to be taken over by the government

Fri, 04/28/2023 - 16:21

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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 after Silicon Valley Bank's failure.
Justin Sullivan/Getty Images

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First Republic Bank turmoil pushes stock to plunge 95% this year as the lender seeks another lifeline from big US banks

Wed, 04/26/2023 - 15:01

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