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.
Markets Expect Fed to Raise Rates Despite Bank Turmoil
Posted inBanking and Financial Institutions Block Inc Carlson, Tucker Colbert, Stephen Dominion Voting Systems Corp Dorsey, Jack Duolingo Federal Reserve System Federal Trade Commission First Republic Bank Fox News Channel Goldman Sachs Group Inc Herbalife Ltd Hindenburg Research Icahn Enterprises L P Icahn, Carl C Jefferies Group Inc JPMorgan Chase & Company Loeb, Daniel S McCarthy, Kevin (1965- ) Narasimhan, Laxman NVIDIA Corporation Pearson PLC Powell, Jerome H Rosensweig, Dan Schultz, Howard D Silicon Valley Bank Starbucks Corporation Trump, Donald J WACHTELL LIPTON ROSEN & KATZ Warren, Elizabeth

Markets Expect Fed to Raise Rates Despite Bank Turmoil

A ‘shock pause’ by the central bank would spook an already jittery market, one analyst said, even as shares in regional lenders fall.
Wall Street Fears a Banking Crisis Despite First Republic’s Sale
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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.