Push to Insure Big Deposits Percolates on Capitol Hill
Posted inBanking and Financial Institutions Deposit Insurance Federal Deposit Insurance Corp Federal Reserve System First Republic Bank Khanna, Ro Law and Legislation Regulation and Deregulation of Industry Signature Bank Silicon Valley Bank Treasury Department United States Politics and Government

Push to Insure Big Deposits Percolates on Capitol Hill

The government only insures deposits of less than $250,000, but there is precedent for lifting that cap amid turmoil. It could happen again.
Will the Fed Raise Interest Rates During a Banking Crisis?
Posted inBanking and Financial Institutions BNP Paribas Charles Schwab Corporation Commerzbank Credit Suisse Group AG Dimon, James El-Erian, Mohamed A Federal Deposit Insurance Corp Federal Reserve System Goldman Sachs Group Inc internal-storyline-no JPMorgan Chase & Company Kelleher, Colm Mack, John J Macron, Emmanuel (1977- ) Mitsubishi UFJ Financial Group Inc Morgan Stanley Musk, Elon Narasimhan, Laxman Nomura Holdings Inc Powell, Jerome H Schultz, Howard D Silicon Valley Bank Starbucks Corporation Summers, Lawrence H UBS AG

Will the Fed Raise Interest Rates During a Banking Crisis?

The central bank’s decision on interest rates on Wednesday is shaping up to be the most consequential of the Jerome Powell era.
UBS and Other Bank Stocks Fall After Credit Suisse’s Firesale
Posted inBank of England Banking and Financial Institutions Barr, Michael Barr, Michael S Bear Stearns Cos Biden, Joseph R Jr Buffett, Warren E Credit Suisse Group AG Federal Reserve System Goldman Sachs Group Inc Holmes, Elizabeth (1984- ) House Financial Services Committee internal-storyline-no JPMorgan Chase & Company Kelleher, Colm Lankford, James Lehman Brothers Holdings Inc Morgan Stanley Quattrone, Frank P Signature Bank Silicon Valley Bank Standard & Poor's Corp UBS AG Warren, Elizabeth Washington Mutual Inc

UBS and Other Bank Stocks Fall After Credit Suisse’s Firesale

Investors are still spooked after UBS bought its Swiss peer, with confidence in the banking sector in short supply.