Canadian Pacific’s acquisition of Kansas City Southern will create a railroad that links Canada, the United States and Mexico.
Category: Regulation and Deregulation of Industry
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Goldman Sachs Eyes a Big Payout from Silicon Valley Bank Deal
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.
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Silicon Valley Bank Collapse: A Timeline of the Panic
Silicon Valley Bank’s collapse led to the failure of a second bank and prompted regulators to move to contain the fallout in the U.S. banking system.
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Meet the Man in Charge of What Remains of Silicon Valley Bank
The F.D.I.C. named Tim Mayopoulos as chief executive of Silicon Valley Bridge Bank. His job is to keep calm and carry on.
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How Silicon Valley Bank Sparked Global Financial Panic
While its C.E.O. extolled innovation and the future of tech, Silicon Valley Bank paid less attention to risk management and was caught flat-footed by economic change.
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Maxine Waters Says Congress Should Raise Cap on F.D.I.C. Backed Deposits
Lawmakers should also revisit the 2018 rollback of regulations on midsize banks, Ms. Waters said in an interview.
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U.S. Is Said to Open Investigation Into Silicon Valley Bank Collapse
Legal experts said a possible focus of the investigation could be insider sales by several bank executives in the weeks before the bank’s failure.
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Shares in First Republic and Others Rise After Federal Bank Rescue
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.
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To Rein in China’s Banks, Xi Uses Familiar Playbook
Xi Jinping is revamping China’s regulatory framework so the ruling Communist Party can assert more direct control over financial policy.
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Was This a Bailout? Skeptics Descend on Silicon Valley Bank Response.
The government took drastic action to shore up the banking system and make depositors of two failed banks whole. It quickly drew blowback.