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  • Lauren Hirsch

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PacWest Bank Taps Credit Lines After 20% Drop in Deposits

The Los Angeles lender, which has come under scrutiny amid worries about midsize banks, said withdrawals had “stabilized.” It expressed confidence in its ability to...

Silicon Valley Bank’s Parent Company Files for Bankruptcy

The move would place SVB Financial Group, which owns other businesses aside from the collapsed Silicon Valley Bank, into a court-led process as creditors look...

First Republic Bank Is Said to Be Exploring a Potential Sale

With its shares getting pummeled, one of the nation’s bigger banks is searching for options to shore up its finances and calm jittery investors.

Activist Disney Investor Declares End to Battle for Board Seat

The move by Nelson Peltz came a day after the company’s C.E.O., Bob Iger, announced a restructuring that will cut $5.5 billion in costs and...

Murdoch No Longer Wants to Combine His Media Empire

News Corp, one of his companies, said Rupert Murdoch had determined that a merger was “not optimal for shareholders of News Corp and Fox at...

Bed Bath & Beyond in Talks to Sell Assets

The beleaguered retailer, which warned of a possible bankruptcy, is said to be in discussions with suitors about selling pieces of its business, including its...

Goldman Sachs Begins Large Round of Layoffs

The investment bank plans to cut up to 3,200 jobs, or roughly 6 percent of its work force, as it faces economic challenges and cuts...

Morgan Stanley Cuts 2% of Global Work Force as Deal-Making Slows

The Wall Street firm had paused layoffs during the pandemic, as deal activity spiked industrywide. The layoffs will affect workers across all divisions.

Morgan Stanley Cuts 2% of Global Work Force as Deal-Making Slows

The Wall Street firm had paused layoffs during the pandemic, as deal activity spiked industrywide. The layoffs will affect workers across all divisions.

Sam Bankman-Fried Addresses His Parents, Net Worth and More at DealBook Summit

The onetime crypto mogul also says he’s running out of funds, holed up in the Bahamas.