Banks

FinanceShares of First Republic tumble more than 40% as it explores selling up to $100 billion in assets
By Gillian Tan, Matthew Monks and BloombergApril 25, 2023

FinanceFirst Republic Bank lost more than $72 billion in deposits during the first quarter—and plans to lay off up to 25% of its workforce
By Jenny Surane and BloombergApril 24, 2023

FinanceWall Street is wondering if it’s been too pessimistic after better-than expected earnings reports
By Alexandra Semenova, Jessica Menton and BloombergApril 22, 2023

FinanceThe CEO and CFO of Silicon Valley Bank’s bankrupt former owner have resigned more than a month after its stunning collapse
By Dan Reichl and BloombergApril 21, 2023

FinanceBillionaire investor Howard Marks outlines 4 key differences between the 2023 banking crisis and 2008
By Will DanielApril 19, 2023

CommentaryCredit scoring is pseudoscience–and it perpetuates the consequences of slavery and segregation
By Bernice A. King and Ashley BellApril 19, 2023

FinanceA finance professor who used to work at the Fed has 5 pieces of advice to avoid another banking meltdown
By Brian Gendreau and The ConversationApril 18, 2023

By Lucy BrewsterApril 18, 2023

SuccessInternal Wells Fargo document reveals management angst over union ‘resurgence’ and ‘new generation of employees with activist experience’
By Josh Eidelson and BloombergApril 17, 2023

FinanceJanet Yellen says lending pullback after bank failures could be ‘substitute for further interest-rate hikes’ by Fed
By Christopher Condon and BloombergApril 15, 2023

By Chloe TaylorApril 14, 2023

CommentaryBank bosses are hiding $600 billion in unrealized losses to keep their mega bonuses. Here’s why portfolio securities should be marked to market
By Robert Litan, Martin Lowy and Lawrence J. WhiteApril 14, 2023
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