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Lauren Hirsch
Posts
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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...
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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...
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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.
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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...
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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...
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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...
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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...
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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.
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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.
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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.