Wall Street Fears a Banking Crisis Despite First Republic’s Sale
Posted inBanking and Financial Institutions Biden, Joseph R Jr Brainard, Lael Bush, Jeb Dimon, James Ernst & Young Federal Reserve System Firearms First Republic Bank Hinton, Geoffrey E Home Box Office International Business Machines Corporation JPMorgan Chase & Company Lake, Marianne Meta Platforms Inc Netflix Inc Piepszak, Jennifer Regulation and Deregulation of Industry Republican Party Silicon Valley Bank Visa Inc Walt Disney Company Warren, Elizabeth

Wall Street Fears a Banking Crisis Despite First Republic’s Sale

Even after the sale of First Republic, investors are worried about challenges that regional banks still face, imperiling the economy.
Before Collapse of Silicon Valley Bank, the Fed Spotted Big Problems
Posted inBanking and Financial Institutions Becker, Gregory W Brainard, Lael Federal Reserve Bank of San Francisco Federal Reserve System Inflation (Economics) Interest Rates Powell, Jerome H Quarles, Randal K Regulation and Deregulation of Industry Sanders, Bernard Silicon Valley Bank United States Politics and Government Warren, Elizabeth

Before Collapse of Silicon Valley Bank, the Fed Spotted Big Problems

The bank was using an incorrect model as it assessed its own risks amid rising interest rates, and spent much of 2022 under a supervisory review.
JPMorgan Is Turning On Jes Staley, Ex-Star, Over Jeffrey Epstein
Posted inBanking and Financial Institutions Barclays PLC Brainard, Lael Citigroup Inc Downey, Robert Jr Epstein, Jeffrey E (1953- ) Federal Bureau of Investigation Federal Reserve System Google Inc Griffin, Kenneth C HK FTX Trading Ltd (Futures Exchange) House of Representatives internal-storyline-no JPMorgan Chase & Company Katzenberg, Jeffrey OpenAI Labs Powell, Jerome H Republican Party Shein (Fashion Label) Signature Bank Suarez, Francis X (1977- ) Walgreen Co World Wrestling Entertainment Inc

JPMorgan Is Turning On Jes Staley, Ex-Star, Over Jeffrey Epstein

The banking giant has sued Jes Staley over what it said were failures to alert the company to all he knew about Jeffrey Epstein.
Users Find Microsoft’s New Chatbot Technology Unreliable.
Posted inBankman-Fried, Sam Biden, Joseph R Jr Brainard, Lael Coinbase Inc Computers and the Internet Congressional Budget Office Federal Reserve System Google Inc Goolsbee, Austan D HK FTX Trading Ltd (Futures Exchange) internal-storyline-no Justice Department Malpass, David Microsoft Corp Modulo Capital Nadella, Satya Republican Party Social Media

Users Find Microsoft’s New Chatbot Technology Unreliable.

Microsoft’s investment in the technology has been a boon for the company’s stock, even as early users find the A.I.-powered system erratic.