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US banks
Zest
Wall Street's ambitions in China run into a rising firewall
The impact of China’s slowing growth and US bankers’ concerns are increasingly visible in banks’ quarterly reports.
January 04, 2024
Zest
US's FDIC says banks with weaknesses increased in the first quarter
The FDIC said that the number of lenders on its confidential “Problem Bank List” increased by four to 43 between January and March
June 01, 2023
Zest
JPMorgan ends First Republic's turmoil after FDIC seizure
“This is getting near the end of it, and hopefully this helps stabilise everything,” says JPMorgan CEO Jamie Dimon.
May 01, 2023
Global Markets
IMF warns it's too soon to sound all-clear on financial turmoil
IMF says that the banking sector is not clear from the turmoil and may drag global economic growth
April 12, 2023
Zest
Jamie Dimon says banking crisis is near to getting resolved
JPMorgan Chase & Co.'s CEO also said it’s OK for a bank to fail if contagion to other lenders can be prevented.
April 07, 2023
Silicon Valley Bank fallout
Blackstone's Schwarzman says US banking crisis is 'solvable'
"The banking system is not in any type of conventional crisis"
March 30, 2023
Silicon Valley Bank fallout
Who is to blame for the new banking crisis?
There is plenty of blame to go around.
March 22, 2023
Zest
Warren Buffett in contact with Biden team on banking crisis
There have been multiple conversations between Biden’s team and Buffett in the past week, according to Bloomberg's sources.
March 19, 2023
Silicon Valley Bank fallout
US seeks to stymie bank-run risk as Yellen pledges protections
Authorities’ efforts are aimed at protecting depositors, rather than bailing out investors, Yellen said on CBS’s “Face the Nation”
March 13, 2023
US Economy
Recession warnings are hard to find in Wall Street bank earnings
In a somewhat surprising turn, inflation has been lucrative for banks this year.
October 19, 2022