Category: internal-storyline-no

Markets Worry First Republic and Other Banks Remain Under Pressure

The New York Times – Business:
The nation’s top lenders banded together to rescue First Republic Bank. But markets worry that regional institutions remain under pressure.
Credit Suisse Shares Jump As Banking Backstops Go Global

The New York Times – Business:
Bank stocks recovered after Credit Suisse secured a $54 billion lifeline from Switzerland’s central bank.
A Hungarian Town Seethes Over a Giant Chinese Battery Plant

The New York Times – Business:
A $7.8 billion factory planned by a Chinese company in eastern Hungary has become divisive even within the party of Prime Minister Viktor Orban, who championed it.
Goldman Sachs Eyes a Big Payout from Silicon Valley Bank Deal

The New York Times – Business:
The Wall Street giant is likely to be paid more than $100 million for its role in a bond purchase that ultimately failed to save the California bank from collapse.
Shares in First Republic and Others Rise After Federal Bank Rescue

The New York Times – Business:
First Republic, Western Alliance and PacWest Bancorp shares were set to rise on Tuesday after one of the industry’s worst stock routs in years.
First Republic and Others Under Pressure After SVB’s Collapse

The New York Times – Business:
Shares in regional lenders were under pressure, even after regulators unveiled a vast backstop for U.S. banks after Silicon Valley Bank’s collapse
Troubles at Silicon Valley Bank Rock the Global Stock Market.

The New York Times – Business:
Shares in the bank, a go-to funder of tech start-ups, have fallen more than 60 percent in the past day as investors fear for its finances, and those of similarly sized lenders.
JPMorgan Is Turning On Jes Staley, Ex-Star, Over Jeffrey Epstein

The New York Times – Business:
The banking giant has sued Jes Staley over what it said were failures to alert the company to all he knew about Jeffrey Epstein.
Investors Fear a Recession Spurred by the Fed’s Inflation Fight

The New York Times – Business:
Investors were alarmed at suggestions by Jerome Powell, the Federal Reserve’s chairman, that interest rates could go even higher in a bid to halt inflation.
Why Regulators Plan to Sue Over JetBlue’s Deal for Spirit

The New York Times – Business:
Regulators looking to block JetBlue’s $3.8 billion bid to buy Spirit Airways think there’s no other way to address their competition concerns.
Regulators Put More Pressure on Binance, the Crypto Giant

The New York Times – Business:
Binance, the world’s biggest cryptocurrency exchange, faces a fresh wave of scrutiny from regulators and lawmakers.
Demystifying the Trillion Dollar Debate Over Share Buybacks

The New York Times – Business:
The White House is at odds with business leaders over share repurchase programs. DealBook digs into the numbers to see who’s gaining from the practice.