In the wake of a turbulent period for U.S. banks, the Pennsylvania Department of Banking and Securities has shut down Philadelphia-based Republic First Bank, also
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An In-Depth Look Into the 2023 Banking Crisis — 3 of the Largest Bank Failures in US History
The U.S. economy experienced an interesting year in 2023, marked by unprecedented upheaval within the American banking sector due to the combined collapse of three
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Silvergate Bank Faces Regulatory Deadline for Self-Liquidation Plan
In a recent press release from the U.S. Federal Reserve Board of Governors, it was disclosed that Silvergate Bank has been given a ten-day deadline
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‘It’s going to get worse for banks’ — JPMorgan CEO on overregulation
JPMorgan CEO says the Fed should be less focused on adding more rules and regulations for banks and more on fixing the banking crisis.
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Louisiana Senator Compares Modern Banks to ‘Sophisticated Ponzi Schemes’
Louisiana Republican senator John Kennedy recently stated in an interview published on Wednesday that the U.S. Federal Reserve may need to increase the federal funds
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SEC Probes First Republic Bank Executives for Insider Trading; Lawmakers Dump Bank’s Shares Before Collapse
After the second largest bank failure in history, the U.S. Securities and Exchange Commission (SEC) is reportedly investigating First Republic Bank executives for allegedly engaging
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