First Republic Bank

The nation’s 23 largest banks passed the Federal Reserve‘s so-called stress tests this year, a sign that the nation’s banking system remains resilient despite the recent banking crisis that led to the failure of Silicon Valley Bank,…
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A bill that would take back pay from executives whose banks fail appears likely to advance in the Senate, several months after Silicon Valley Bank's implosion rattled the tech industry and tanked financial institutions' stocks. The…
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Sen. Elizabeth Warren, D-Mass., greets Martin Gruenberg, chairman of the Federal Deposit Insurance Corporation, during the Senate Banking, Housing, and Urban Affairs Committee hearing in Dirksen Building on Tuesday, March 28, 2023.Tom…
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Recent turmoil in the banking industry may have you worried about your money.Shares of PacWest, a small regional bank based in Los Angeles, plunged almost 40% Thursday after the company confirmed it may put itself up for sale.…
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Upgrade CEO Renaud Laplanche speaks at a conference in Brooklyn, New York, in 2018.Alex Flynn | Bloomberg via Getty ImagesThe technology industry is known for innovation and spawning the next big thing. But at a time of economic uncertainty…
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The future of PacWest Bancorp hangs in the balance as investors pull back from regional lenders following the sudden collapse of three prominent banks in a matter of weeks. Shares of the $44 billion bank continued to slide Thursday,…
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In what is by now a familiar pattern, the fate of another regional lender hangs in the balance as investors bail from the sector following the sudden collapse of three prominent banks in a matter of weeks. Shares of PacWest Bancorp…
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The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and signaled it may pause further increases, giving officials time to assess the fallout from recent bank failures, wait on the resolution of a…
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Traders work on the floor of the New York Stock Exchange.Brendan McDermid | ReutersAfter an intense few days in which the fate of ailing lender First Republic was finally determined, veteran banking analyst Christopher McGratty was looking…
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Andrea Orcel, chief executive officer of UniCredit.Bloomberg | Bloomberg | Getty ImagesA top banking executive highlighted a possible divergence in fortunes for the finance sector in both Europe and the U.S., suggesting that more rescues of…
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