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2 mins read

Wall Street giants launch $30 billion rescue of First Republic bank to stem crisis

The Wall Street giants have agreed to deposit $30 billion into troubled First Republic in order to …

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3 mins read

I saw the Tesla Cybertruck for the first time. It blew my tiny European mind.

The automaker put its divisive electric pickup on display at the Paris Motor Show this week.

Tom Carter   


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1 min read

JPMorgan beat earnings expectations but CEO Jamie Dimon rings the alarm on global trouble

JPMorgan posted solid profit and revenue growth last quarter, but Jamie Dimon warned of geopolitica…

Theron Mohamed   


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2 mins read

Why First Republic failed, and what it means for the rest of the banking industry

First Republic was taken over by regulators and is being bought by JPMorgan, protecting $92 billion…

Ryan Hogg   


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3 mins read

JPMorgan is buying First Republic Bank after it was taken over by regulators

The takeover follows weeks of wrangling by First Republic and its investment banks for a solution t…

Kaja Whitehouse   


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2 mins read

First Republic stock crashes 46% as regulators seize the bank and JPMorgan takes it over

It's the second-largest bank failure in US history, and the third regional bank taken under regulat…

Phil Rosen   


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3 mins read

First Republic handed out billions in ultra-low-rate mortgages to the wealthy. It backfired horribly.

The bank is now fighting for its survival, after its strategy of winning over wealthy clients with …

Matt Turner   


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2 mins read

First Republic leads a comeback for bank stocks that cratered in the SVB-fueled selloff

First Republic and Western Alliance shares are recovering from huge losses thanks to hopes that Sil…

George Glover   


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2 mins read

'Big Short' investor Michael Burry piled into First Republic, PacWest, and other ailing bank stocks last quarter

"The Big Short" investor Michael Burry bought First Republic, PacWest, and other bank stocks last q…

Theron Mohamed   


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2 mins read

First Republic Bank's stock craters 75% after it taps backstop billions to shore up liquidity

First Republic has said it's getting $70 billion in funding from JPMorgan and the Fed's backstop fo…

Zinya Salfiti   


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2 mins read

Jamie Dimon is vying to take control of First Republic Bank, report says, after JPMorgan steered clear of SVB

JPMorgan is leading the charge to buy First Republic as it prepares to enter receivership, per The …

Ryan Hogg   


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2 mins read

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

The California bank, which saw deposits drop by $100 billion in the first quarter, is likely to be …

Carla Mozée   


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2 mins read

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

Advisors to First Republic were set to seek more financial help from its larger rivals, CNBC report…

Carla Mozée   


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3 mins read

First Republic just revealed how SVB's failure rattled its business - and shared plans that may fuel fears of a credit crunch

First Republic's customers yanked more than $100 billion of deposits last quarter, spurring the ban…

Theron Mohamed   


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4 mins read

The US is facing a debt storm. Here's 5 charts that show trouble is brewing.

Hedge fund legend Ray Dalio and economist Nouriel Roubini are among commentators who have warned of…

Jennifer Sor   


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3 mins read

Phil Rosen   


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2 mins read

Loews CEO James Tisch uses a famous Warren Buffett quote to explain the banking fiasco - and warns more lenders may get into trouble.

Several banks have been exposed by surging interest rates, and there would have been catastrophic f…

Theron Mohamed   


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25 mins read

52. The Republic of Samsung

Samsung became a symbol of South Korean success. But can the company continue without its founding …

Sarah Wyman,Charlie Herman,Ju…   


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5 mins read

Donald Trump launched a third bid for president at a time when his legal troubles have never been worse

Donald Trump launched his campaign in the face of legal trouble that threatens his business and cou…

C. Ryan Barber   


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2 mins read

3 Russian journalists shooting a documentary on Russian mercenaries were reportedly just killed in the Central African Republic

Moscow is also trying to gain influence in the milita-controlled areas as well, including the north…

Daniel Brown