Hafize Gaye Erkan becomes Turkey’s first female central bank governor
Hafize Gaye Erkan has been appointed as the governor of the Central Bank of the Republic of Türkiye (CBRT) on…
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First Republic Bank
PacWest Bank’s shares fall by 50%
PacWest Bank announced on Thursday that it is exploring all strategic options after the bank’s recent shares…
Biden assures depositors after First Republic’s collapse
US President, Joe Biden, has stressed on US regulators’ actions taken to facilitate the sale of First Republic Bank…
FDIC proposes increasing deposit insurance over $250,000
The Federal Deposit Insurance Corporation called for an increase in the deposit insurance limit for business…
JPMorgan Chase acquires First Republic Bank
JPMorgan Chase Bank has announced its acquisition over First Republic Bank from the Federal Deposit Insurance…
First Republic Bank to be seized by Federal regulators
Federal regulators are racing to seize and sell First Republic Bank, as it is currently going through a rough…
First Republic Bank to lay off 25% of staff
First Republic Bank is planning a staff layoff of 25 percent, following the recent turmoil in the banking sector,…
First Republic Bank shares fall nearly 50% after withdrawals
First Republic Bank’s shares lost almost half of their value on Tuesday, a day after the mid-size U.S. bank said…
JPMorgan, other U.S. banks flooded with clients post SVB crash
A huge number of customers have applied to shift accounts to large U.S. banks such as JPMorgan Chase &Co. and…
