/ Silicon Valley Bank
JP Morgan’s Q2 Profit Surges to $14.47B on Back of FRC Deal and Rising Interest Rates
JPMorgan's profit and revenue rose substantially in Q2 2023, in part due to its May acquisition of the imploded First Republic Bank.
July 14, 2023Four US Bank Failures in Four Months, is the Wave Over?
With $229.1 billion in total assets at the time of closure, First Republic Bank has become the second-largest bank failure in American history.
May 01, 2023First Republic Surges 33% in Premarket as SVB Deal Calms Investors
First Republic stock soared 33% in premarket after First Citizens BancShares agreed to purchase SVB loans and deposits.
March 27, 2023The Warnings Signs and Red Flags Before Three Banks Fell
Could regulators have drawn from multiple red flags to halt SVB's downfall?
March 17, 2023US Banks Borrowed $148B from Fed’s Discount Window this Week, Highest Level Since 2008
The FDIC has also lent out $142.8 billion to two entities set up by US regulators to succeed SVB and Signature Bank.
March 17, 2023