Former regulators say Washington has been too focused on ‘too big to fail’ banks Photo illustration by Alexandra Citrin-Safadi/The Wall Street Journal; Photos: Andrew Harrer/Bloomberg News, saul loeb/Agence France-Presse/Getty Images, David Paul Morris/Bloomberg News
Former regulators say Washington has been too focused on ‘too big to fail’ banks Photo illustration by Alexandra Citrin-Safadi/The Wall Street Journal; Photos: Andrew Harrer/Bloomberg News, saul loeb/Agence France-Presse/Getty Images, David Paul Morris/Bloomberg News
Exclusive to WSJ News Markets CEOs of major banks are discussing a capital infusion for troubled lenders that could boost confidence in the financial system
Markets Finance Yellen and Powell are trying to reassure investors to stop the decline in financial stocks
Economy The view Regional and local banks account for almost 40% of all lending
For most of the early part of 2023, the economy seemed to be humming along. Inflation was warm but continued to ease. The labor market and private consumption remained robust. And few, if any, questioned the health of the financial system. What is news See more What is news
Text size The potential end of Credit Suisse as an independent entity 167 years after its founding is not entirely a surprise. Getty Images UBS The group could carry out a takeover of Swiss credit Groups as soon as Saturday night, according to the Financial Times, as regulators rush to broker a merger of Switzerland’s … Read more
Unrealized losses, insufficient capital and large uninsured deposits left some banks vulnerable.
First Republic Bank stocks have been hit hard over the past week by the failures of two major US regional banks, Silicon Valley Bank and Signature Bank. On Thursday, shares of the bank and many other financial companies rose after the largest banks in the United States swooped in to save the San Francisco lender. … Read more
First Republic Bank stocks have been hit hard over the past week by the failures of two major US regional banks, Silicon Valley Bank and Signature Bank. On Thursday, shares of the bank and many other financial companies rose after the largest banks in the United States swooped in to save the San Francisco lender. … Read more