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Dan Fitzpatrick
Yahoo FinanceWells Fargo slowly starts to shed the problems of its past
Wells Fargo CEO Charles Scharf said when he took over the top job in 2019 that his "first priority" was to clean up the bank's many messes. He is making progress — but still has more to do.
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Moody's reminds investors that regional banks aren't out of the woods yet
Mid-sized banks stocks fell Tuesday after Moody's downgraded 10 institutions, citing higher funding costs and lower profitability.
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Senate passes debt ceiling bill to avert US default
The Congressional approval takes the full faith and credit of the US off the negotiating table through the next presidential election.
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House passes debt-ceiling bill, shifting focus to Senate
The Senate now has just days to act before the US potentially runs out of money to pay its bills.
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JPMorgan's Dimon not aware of 2011 warning about Jeffrey Epstein: Deposition
The CEO said he doesn't recall his executives raising concerns about Epstein during the period when the convicted sex predator was a customer of the bank.
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Why is 2023's bank turmoil largely a West Coast thing?
Investors are still betting against a number of banks in the western half of the country. Some of those lenders say their fundamental strengths are being overlooked.
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JPMorgan's Dimon: 'Intensity is the same' after decades on top
The 67-year-old CEO didn't offer any hints that his time in charge of the nation's largest bank might end anytime soon.
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PacWest stock plunges 23% after losing 9.5% of deposits last week
Regional banks were under pressure again Thursday after PacWest reported nearly 10% of deposits flowed out the bank's doors last week as the crisis hitting smaller lenders continues.
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Buffett on the regional bank crisis: 'Messed up' incentives and 'poor' communication
The Oracle of Omaha made it clear that he is still cautious about holding many bank stocks amid the recent volatility.
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How Warren Buffett avoided damage from the current banking crisis
The Oracle of Omaha sold a large portion of Berkshire’s holdings in US banks between 2020 and 2022, some just months before the banking system upheaval that began in mid March.
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Regional banks aren't collapsing. That doesn't mean everything is fine.
Results from a number of mid-sized lenders showed that regional banking isn't getting any easier.
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Wall Street has a Wall Street problem
First-quarter results from Goldman and Morgan Stanley showed how a deal making slump is hurting the biggest firms on Wall Street
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Bank earnings impress investors, leave analysts asking — 'What crisis?'
Big banks argue the worst is over. Their first-quarter results show that challenges still remain.
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America's largest banks prepare to show investors why they're not like SVB
When earnings season begins Friday for the nation's biggest banks, investors will be examining everything from deposits to loans for signs of stress.
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Why does the US have so many banks? Thank Thomas Jefferson.
There are more than 4,000 banks in the U.S. The argument for having many can be traced back to arguments as the nation was founded.
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Western Alliance stock pares some losses after reassuring investors about deposits
The Phoenix lender watched its stock seesaw after offering two updates on how its deposit balance fluctuated during the first-quarter.
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Why the FDIC offered to take billions in losses to find SVB assets a new home
When the FDIC agrees to "share losses" with banks, it's a good deal for the bankers. Is it a good deal for the FDIC?
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Why US regulators let banks lose billions — as long as losses are 'unrealized'
The danger posed by paper losses on bonds is newly relevant with the failure of Silicon Valley Bank. The debate about their treatment goes back decades.
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Biggest banks to infuse First Republic with $30 billion to stabilize troubled lender
Banking giants led by JPMorgan and Bank of America deposited $30 billion with a troubled California regional bank, in an unusual joint effort to help a rival.
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The roles Goldman Sachs played in the final days of Silicon Valley Bank
The Wall Street giant purchased securities and attempted to raise capital as Silicon Valley Bank tried to survive, according to filings.