David Alonso · @dalonso
25 followers · 138 posts · Server masto.es#Erdogan ficha a una ex de #Goldman y #FirstRepublic para dirigir el Banco Central de #Turquía
#erdogan #goldman #firstrepublic #turquia
⭐Spartacus · @IAmSpartacus
570 followers · 20107 posts · Server kafeneio.social#FirstRepublic Bank became the second largest bank to fail in the #US on Monday, and the third bank to do so since March.
The Federal Reserve's increase in interest rates led to the bank's collapse, and it was subsequently seized by the government and sold to #jpmorgan
#FED intentionally implementing policies that lead to more bank failures and runs.
#firstrepublic #us #jpmorgan #fed
Pat · @Pat
157 followers · 3583 posts · Server qoto.org-
It's a Wonderful Life
Bank Run
#svb #FirstRepublic #WesternAllianceBancorp #JPMorgan #GoldmanSachs #FDIC #Fed #corruption #confidence #BeenThere #DoneThat
#revolution
#svb #firstrepublic #westernalliancebancorp #jpmorgan #goldmansachs #revolution #fdic #fed #corruption #confidence #beenthere #donethat
Poetry News · @haikubot
702 followers · 6629 posts · Server mastodon.cloud
Though First Republic sold
No outflow from Western Alliance
Peace in banking world
#firstrepublic #westernalliance #banking #jpmorganchase #haiku #poetry
#firstrepublic #westernalliance #banking #jpmorganchase #haiku #poetry
nosat · @nosat
281 followers · 6952 posts · Server liberdon.com
Poetry News · @haikubot
701 followers · 6595 posts · Server mastodon.cloudBanks hit hard by fall
of First Republic's demise
Investors in shock
#banks #firstrepublic #investment #usmarkets #haiku #poetry
Jesse Skinner :javascript: · @JesseSkinner
1379 followers · 1627 posts · Server toot.cafeFunny how "second biggest bank failure in US history" is a buried headline, as if it's just some technical detail only business insiders would be interested in. Nothing to see here, folks! Everything's going great!
Poetry News · @haikubot
701 followers · 6590 posts · Server mastodon.cloud
U.S. regional banks
Plunge as First Republic dies
Investors grow concerned
#regionalbanks #firstrepublic #financialhealth #investorconcern #haiku #poetry
#regionalbanks #firstrepublic #financialhealth #investorconcern #haiku #poetry
acemaxx · @acemaxxanalytics
180 followers · 1732 posts · Server econtwitter.net
3 failed US #banks had one thing in common: #KPMG - Big Four auditor’s work for #SVB - #Signature and #FirstRepublic comes under scrutiny in aftermath of their collapses, chart @FT https://cutt.ly/I5BxmzK
#banks #kpmg #svb #signature #firstrepublic
Emeritus Prof Christopher May · @ChrisMayLA6
1969 followers · 5088 posts · Server zirk.usOh dear... the FT points out this morning that one thing clearly links the three US banks that recently failed:
#SiliconValleyBank, #Signature & #FirstRepublic were all audited by #KPMG... the suspicion is growing that actually they didn't understands the #banking sector as well as they claimed (KPMG, that is).
It won't be he first time one of the #BigFour have oversold their expertise, now will it!
#siliconvalleybank #signature #firstrepublic #kpmg #banking #bigfour
acemaxx · @acemaxxanalytics
180 followers · 1726 posts · Server econtwitter.netAnd the final deal included the $50bn line of credit for #JPMorgan as well as a loss-sharing agreement with #FDIC - What’s more, #FirstRepublic ’s failure and sale to #JPMorgan will result in a loss of $13bn to FDIC.
#jpmorgan #fdic #firstrepublic
acemaxx · @acemaxxanalytics
180 followers · 1725 posts · Server econtwitter.net
The difference b/w #FirstRepublic and other recent #bank failures, chart @FT https://cutt.ly/15ZVZ5D
acemaxx · @acemaxxanalytics
180 followers · 1724 posts · Server econtwitter.net
#JPMorgan bought #FirstRepublic on Monday - #FDIC said earlier on Monday the resolution involved a "highly competitive bidding process," and was the least costly alternative for its #deposit insurance fund, chart @ReutersBiz https://cutt.ly/f5Xo7zP
#jpmorgan #firstrepublic #fdic #deposit
· @shortwavesurfer2009
39 followers · 76 posts · Server digitaldarkage.cc52 days, 52 days is how long 30 billion dollars kept #FirstRepublic #bank from failing. It was never a question of if First Republic would fail. We knew it would fail, the question was when would it do so.
#firstrepublic #bank #Bitcoin #monero #cryptocurrency #gold #silver
Biziday 📰 · @biziday
132 followers · 2181 posts · Server mastodon.world
🇺🇸#SUA. Acțiunile băncilor regionale continuă să scadă puternic marți, cu până la 30%, în contextul șocului falimentului 🏦#FirstRepublic Bank.
#sua #firstrepublic #news #știri
⭐Spartacus · @IAmSpartacus
569 followers · 20083 posts · Server kafeneio.social
#FirstRepublic has collapsed with #JPMorgan getting the deal of the year buying the bank at firesale prices!
Bank runs are getting worse and as the #Fed keeps hiking rates, this isn't going to stop. This banking collapse is worse than #SVB or #Signature because it shows how fragile and overleveraged the banking system is. And when all things fail, a bailout will come.
Enjoy #Capitalism, bitches
#firstrepublic #jpmorgan #fed #svb #signature #capitalism
Rupert Cocke · @RupertCocke
457 followers · 702 posts · Server newsie.social
Regulators seize #FirstRepublic Bank, sell assets to #JPMorgan https://www.reuters.com/business/finance/california-financial-regulator-takes-possession-first-republic-bank-2023-05-01/
CarpInSanDiego · @chriscarpenter
50 followers · 248 posts · Server masto.ai........and water is wet. Are we still taking people seriously who argue this isn't true?
#FirstRepublic #BankingRegulation #JPMorgan #FDIC
#firstrepublic #bankingregulation #jpmorgan #fdic
Andrew Leahey · @andrew
2944 followers · 5802 posts · Server esq.socialMon 5/1 - Exit First Republic, Enter JPMorgan, Energizer and Walmart Battery Antitrust, DeSantis vs. Prosecutor, Alito Knows Leaker and Trump Wants Mistrial
In today's episode we have #JPMorgan acquiring #FirstRepublic Bank, #Energizer and #Walmart facing proposed #antitrust actions, #DeSantis has prosecutor problems, #Alito knows who leaked and #Trump wants a mistrial.
https://www.minimumcomp.com/p/mon-51-exit-first-republic-enter
#jpmorgan #firstrepublic #energizer #walmart #AntiTrust #desantis #alito #trump #scotus #lawfedi
Bruce Mirken · @BruceMirken
946 followers · 8345 posts · Server mas.to
Well that deregulation of midsized #banks passed by #Republicans under Trump sure is working out well. #FirstRepublic https://www.commondreams.org/news/first-republic-bank-deregulation-too-big-to-fail
#firstrepublic #republicans #banks