
The payment of more interest on deposits hurts the bottom line of large US banks
The profit of the six main entities falls 3% in the first quarter despite the improvement in the investment banking business

The profit of the six main entities falls 3% in the first quarter despite the improvement in the investment banking business

Concerns have shifted to exposure to commercial real estate credit. The IMF estimates that vulnerable lenders have $5.5 trillion in assets, 23% of the total

Senators also sought to address whether senior executives in the U.S. are being rewarded more for short-term gains — like rising stock prices — than for ensuring their companies’ long-term health

The US economist criticizes the loosening of regulations under Trump and discusses the risk that central banks will go too far with rate hikes

About 46% of all banks said they had raised standards for business loans known as commercial and industrial loans, up from just under 45% in the previous quarter

The rescue packages for Silicon Valley Bank, Signature Bank and First Republic have been marked by a careful balance between state and private intervention

Uncertainty continues to pummel the banking industry, despite assurances from financial regulators and bankers

Shares of PacWest Bank plunged nearly 50% Thursday after the company confirmed reports that it was considering ‘strategic options,’ that may include the possible sale of the company

Like the Federal Reserve has done, the ECB is stepping back from a string of jumbo hikes aimed at snuffing out inflation

Officials are meeting on Wednesday to make a decision, shortly after the bailout and sale of First Republic, the third bank to go under in two months

Stocks fell sharply Tuesday, led downward by smaller banks with heavy exposure to uninsured deposits and commercial banks like Western Alliance Bank, PacWest Bancorp, Comerica and Zions Bank

It is the third American bank to be bailed out in two months, and this is having an impact on confidence levels and on the country’s bank deposits as a whole

Investors and analysts have also worried about banks such as Comerica and KeyCorp, which also had large numbers of accounts with deposits above the federally-insured level of $250,000

The agency proposed rethinking its decades-old policy of insuring up to $250,000 in bank deposits so that regulators could cover higher amounts on a ‘targeted’ basis

San Francisco-based lender is the third midsize bank to fail in two months. It has struggled since the collapse of Silicon Valley Bank and Signature Bank

The San Francisco bank plans to sell off unprofitable assets, including low interest mortgages it provided to wealthy clients

It was only after a group of large banks stepped in to save the bank by depositing $30 billion in uninsured deposits in First Republic that the bank was able to staunch the bleeding

Experts say it’s probably a good idea for small businesses to diversify funds and make sure they’re in close contact with their banker, but emphasized that in the short term their bank accounts are safe

She added that additional rescue arrangements ‘could be warranted’ if any new failures at smaller institutions pose a risk to financial stability

The bank received a $30 billion rescue package from 11 of the biggest U.S. banks last week in an effort to prevent its collapse

Industry experts predict it could become even harder for people of color to secure funding or a financial home supporting their startups

How is the response being paid for? Will Americans end up footing the bill for bank failures? Is this a bailout?

The anxiety this week centered on First Republic Bank in San Francisco, which was once the envy of the banking sector, with its wealthy and well-traveled clientele

The measures requested by the president include clawing back compensation and making it easier to bar failed bank executives from working in the industry

SVB Financial Group, which ran Silicon Valley Bank up until it was seized last Friday, is filing for Chapter 11 bankruptcy protection

Nearly half the money went to holding companies for two major banks that failed over the past week, Silicon Valley Bank and Signature Bank

The effort seeks to stop the California-based bank from becoming the third bank to fail in less than a week. Shares of First Republic had fallen sharply this week, dropping 60% on Monday alone