First Republic Bank
Apple and fintechs like Robinhood chase yield-hungry depositors as Fed rate hikes continue
Upgrade CEO Renaud Laplanche speaks at a conference in Brooklyn, New York, in 2018. Alex Flynn | Bloomberg via Getty Images The technology industry is known for innovation and spawning the next big thing. But at a time of economic uncertainty and rising interest rates, a growing piece of the tech sector is going after […]
The market is looking for the next ‘domino’ to fall, keeping banks under pressure
Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters After an intense few days in which the fate of ailing lender First Republic was finally determined, veteran banking analyst Christopher McGratty was looking forward to some calm. So early Tuesday, more than 24 hours after U.S. regulators seized First […]
‘Other problems might be lurking’: Strategist is unconvinced by Jamie Dimon’s bank crisis comments
Workers are seen inside of a First Republic Bank office on May 01, 2023 in San Francisco, California. Justin Sullivan | Getty Images JPMorgan Chase CEO Jamie Dimon’s assertion that recent turmoil in the banking sector was effectively ended by the resolution of First Republic may be premature, one analyst suggested. The Wall Street giant […]
Stocks making the biggest moves midday: JPMorgan Chase, General Motors, Exxon Mobil & more
NEW YORK, NEW YORK – APRIL 24: A person walks past a First Republic bank branch in Manhattan on April 24, 2023 in New York City. The U.S. bank will reveal its latest financial results but concerns over small and medium-sized banks persist following the collapse of Silicon Valley Bank (SVB) in March. (Photo by […]
Jamie Dimon: ‘This part of the crisis is over’ after JPMorgan Chase acquires First Republic
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview at the JPMorgan Global High Yield and Leveraged Finance Conference in Miami, Florida, US, on Monday, March 6, 2023. Marco Bello | Bloomberg | Getty Images The crisis that led to the downfall of three regional U.S. banks […]
Stocks making the biggest moves premarket: First Republic, JPMorgan Chase, SoFi Technologies & more
A view of the First Republic Bank logo at the Park Avenue location, in New York City, March 10, 2023. David Dee Delgado | Reuters Check out the companies making headlines before the bell: First Republic Bank, JPMorgan Chase — First Republic shares were halted during premarket trading after falling more than 45%. The move […]
JPMorgan takes over First Republic after it’s seized by Californian financial regulator
A view of the First Republic Bank logo at the Park Avenue location, in New York City, March 10, 2023. David Dee Delgado | Reuters The Californian financial regulator has taken possession of First Republic, resulting in the third failure of an American bank since March, after a last-ditch effort to persuade rival lenders to […]
Massive banks together with JPMorgan Chase, Financial institution of America requested for ultimate bids on First Republic
A First Republic financial institution department in Manhattan on April 24, 2023 in New York Metropolis. Spencer Platt | Getty Pictures U.S. regulators have requested banks for his or her finest and ultimate takeover presents for First Republic by Sunday afternoon, in a transfer that authorities hope will calm markets and cap a interval of […]
Shares making the most important strikes noon: First Republic, Snap, Amazon, Intel and extra
POLAND – 2023/03/21: On this photograph illustration, a First Republic Financial institution brand is displayed on a smartphone with inventory market percentages within the background. (Picture Illustration by Omar Marques/SOPA Photos/LightRocket through Getty Photos) Sopa Photos | Lightrocket | Getty Photos Take a look at the businesses making headlines in noon buying and selling. First […]
Shares making the largest strikes premarket: Snap, Intel, First Photo voltaic, Exxon Mobil & extra
The Amazon brand on a locker in Annapolis, Maryland, on February 2, 2023, forward of earnings report. Jim Watson | AFP | Getty Photographs Take a look at the businesses making headlines in premarket buying and selling. Capital One — Shares had been down 3.3% after disappointing quarterly earnings. The corporate earned an adjusted $2.31 […]