banks

Louisiana Republican Senator John F. Kennedy recently stated in an interview published on Wednesday that the US Federal Reserve may need to increase the federal funds rate to 8-10% to address inflationary pressures in the country.…

© Reuters Investing.com -- Here's a Pro Recap for the biggest eye-catching deals you might have missed this week: more market-influenced headlines at Western Alliance and PacWest regional banks; JPMorgan officially picks up First…

A strategic analyst at Swedbank, a Swedish bank, warned of the spread of the regional banking crisis in the United States. After numerous bank failures, he stressed that Backwest Bank, Western Alliance Bank, and First Horizon Bank…

After the second largest banking failure in history, the US Securities and Exchange Commission (SEC) is reportedly investigating First Republic bank executives for allegedly engaging in insider trading. Two sources alleged that the…

© Reuters. FILE PHOTO: General view of Western Pacific Bank in Huntington Beach, California, US, March 22, 2023. REUTERS/Mike Blake/File Photo Written by Manya Saini and Shibuiki Ogo (Reuters) - Shares in Backwest Bancorp jumped 87…

"The bank did not see unusual inflows of deposits following the sale of First Republic Bank and other news," Baquist said.Backwest Bancorp (PACW) - Get a free reportShares collapsed on Thursday after the Los Angeles-based bank said it was…

Gold companies operating in China increased their production levels during the first quarter of 2023. According to industry reports, the Chinese gold industry was able to restore its extraction levels, reaching the numbers it…

2/2 © Reuters. A note won by South Korea is seen in this illustration photo on May 31, 2017. REUTERS/Thomas White/Illustration/File Photo 2/2 SEOUL (Reuters) - The central banks of South Korea and Indonesia signed a memorandum of…

The US Federal Deposit Insurance Corporation (FDIC) is pushing to sell troubled First Republic Bank as the deal deadline approaches. JPMorgan Chase, PNC Financial Services Group and Citizens Financial Group have submitted bids to buy the…

The US government has asked JPMorgan, PNC and several other financial groups, including a few non-bank investment firms, to bid for all or part of First Republic, as US regulators try to determine the cost of taking over the…