JPMorgan Chase Emerges as Buyer for First Republic Bank
Posted inBank of America Corporation Banking and Financial Institutions Bear Stearns Cos Biden, Joseph R Jr Bluesky (Social Media Platform) Carlson, Tucker Charles III, King of the United Kingdom Chomsky, Noam Computers and the Internet Deutsche Bank AG Dimon, James Dorsey, Jack European Central Bank Eurozone Federal Reserve System First Republic Bank Fox News Channel internal-storyline-no JPMorgan Chase & Company Microsoft Corp Munger, Charles T Musk, Elon PNC Financial Services Group Inc Silicon Valley Bank SOFTBANK Corporation Starbucks Corporation Subway Restaurants Twitter Washington Mutual Inc

JPMorgan Chase Emerges as Buyer for First Republic Bank

The lending giant’s shares jumped on the news that it is buying First Republic. But investors are watching to see if the deal ends the regional banking crisis.
Europe Plots a Diplomatic and Business Reset on China
Posted inBragg, Alvin Cook, Timothy D Credit Suisse Group AG Defense Department Dimon, James Electricite de France (EDF) European Commission Frank (TAPD LLC) Holmes, Elizabeth (1984- ) internal-storyline-no Javice, Charlie Johnson & Johnson JPMorgan Chase & Company Kelleher, Colm Macron, Emmanuel (1977- ) Mar-a-Lago (Palm Beach, Fla) Putin, Vladimir V Republican Party Suits and Litigation (Civil) Theranos Inc Trump, Donald J UBS AG United States Politics and Government von der Leyen, Ursula Walmart Stores Inc Washington Mutual Inc

Europe Plots a Diplomatic and Business Reset on China

President Emmanuel Macron of France and Ursula von der Leyen, President of the European Commission, arrived in China on Wednesday aiming to restart business and political ties.
Jamie Dimon Reprises 2008 Role as Rescuer of a Failing Bank
Posted inBank of America Corporation Banking and Financial Institutions Bear Stearns Cos Citigroup Inc Dimon, James Federal Reserve System Goldman Sachs Group Inc JPMorgan Chase & Company Moynihan, Brian T Powell, Jerome H Rogoff, Kenneth S Signature Bank Silicon Valley Bank Solomon, David M Subprime Mortgage Crisis Treasury Department Washington Mutual Inc Wells Fargo & Company

Jamie Dimon Reprises 2008 Role as Rescuer of a Failing Bank

The JPMorgan chief executive led an effort to raise $30 billion for First Republic, but no one is sure if it did any good.
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.