Regulators Raise the Alarm on a Potential Market Risk
Posted inBanking and Financial Institutions Bankman-Fried, Sam Biden, Joseph R Jr Commodity Futures Trading Commission DeSantis, Ron Federal Reserve System Goldman Sachs Group Inc HK FTX Trading Ltd (Futures Exchange) internal-storyline-no Johnson Associates Kaplan, Lewis A Korner, Ulrich McCarthy, Kevin (1965- ) Mintz Group LLC Regulation and Deregulation of Industry Solomon, David M Sullivan & Cromwell Treasury Department

Regulators Raise the Alarm on a Potential Market Risk

Turmoil in the banking sector could have a knock-on effect on clearinghouses, the intermediaries between buyers and sellers in financial markets.
Debt-Ceiling Déjà Vu Worries Wall Street
Posted inBank of America Corporation Bank of England Berkshire Hathaway Inc Biden, Joseph R Jr Bluesky (Social Network) BNSF Railway Boies, David Buffett, Warren E Fox News Channel Geico (Government Employees Insurance Co) Holmes, Elizabeth (1984- ) internal-storyline-no McCarthy, Kevin (1965- ) McHenry, Patrick T Munger, Charles T Occidental Petroleum Corporation OpenAI Labs PayPal Theranos Inc United States Economy

Debt-Ceiling Déjà Vu Worries Wall Street

The last crisis, in 2011, led to a credit downgrade that sank stocks. This time, Treasury Secretary Janet Yellen has warned of a “financial catastrophe.”
PacWest’s Plunge Reignites Fears About America’s Regional Banks
Posted inBanking and Financial Institutions Biden, Joseph R Jr Comerica Inc Cook, Timothy D Dimon, James El-Erian, Mohamed A European Central Bank Facebook Inc First Republic Bank Goldman Sachs Group Inc Harris, Kamala D Hoffman, Reid Garrett HSBC Holdings PLC. Instagram Inc internal-storyline-no JPMorgan Chase & Company Khan, Lina Markey, Edward J Meta Platforms Inc Microsoft Corp Ping An Insurance Co Powell, Jerome H Regulation and Deregulation of Industry Silicon Valley Bank United Automobile Workers

PacWest’s Plunge Reignites Fears About America’s Regional Banks

The regional lender said it is weighing its options, after its shares fell despite assertions by the Federal Reserve that the recent bank crisis is contained.