Citigroup CEO says banking system 'pretty sound' after failures of Silicon Valley Bank …

Citigroup CEO says banking system 'pretty sound' after failures of Silicon Valley Bank …

Citigroup Inc CEO Jane Fraser on Wednesday expressed optimism in the nation's banking system despite the failures of Silicon Valley Bank and
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U.S. Banks have $1.7 trillion in unrealized losses – Fortune

And Citigroup CEO Jane Fraser told the Economic Club of Washington D.C. on Wednesday that the banking system is “sound,” and both large and regional
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Credit Suisse rescue creates bank twice the size of Switzerland's economy | CNN Business

The last-minute rescue of Credit Suisse may have prevented the current banking crisis from exploding, but it's a raw deal for Switzerland.
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From Silicon Valley to the Alps: A banking crisis spreads | The Economist

Our podcast on markets, the economy and business. This week, how the failure of Silicon Valley Bank felled Credit Suisse, one of banking's
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Facing Collapse, Trump-Linked Bank Fought Regulators – The Lever

But just two months ago, that bank, San Francisco-based First Republic, pressured regulators not to adopt new rules to minimize the risk of government
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Banking Sector Turmoil Is a 'Worldwide Phenomenon,' Says Top Economist

Chaos in the banking sector was a long time coming, according to a former IMF chief economist. The crisis was, in part, caused by banks betting on
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Volcker Slayed Inflation. Bernanke Saved the Banks. Can Powell Do Both?

In 140 years, American policymakers have never faced a banking crisis quite like this.
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Where to Put Your Money During a Banking Crisis – WSJ

Balances up to $250,000 are protected by the Federal Deposit Insurance Corp., or FDIC, at any U.S. bank. What's News. See More. Stock Futures
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What it looks like when a country doesn't trust its banks – Vox

I went to Argentina and the US did a bank run. … A well-functioning economy requires confidence in the banking sector and the financial system;
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'This is not the financial crisis': Banks are OK, but investing in them right now is risky, analysts say

The Federal Deposit Insurance Corporation seized the failing banks and guaranteed all uninsured deposits, but worries remained among both depositors
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U.S. Banking Crisis Could Present an Opportunity for Some Crypto Exchanges: JPMorgan

Stablecoin trading volumes have increased following the run of bank collapses in the U.S., the report said.
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Bank failures have some small business owners re-thinking their own banking arrangements

Treasury Secretary Janet Yellen speaks at the American Bankers Association Washington Summit on March 21, 2023 in Washington, DC.
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Bank of England raises interest rates to 4.25% despite banking turmoil | Financial Times

The BoE said it judged UK banks to be “resilient” and “well placed to continue supporting the economy in a wide range of economic scenarios, including
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Moody's sees risk U.S. banking turmoil can't be contained – MarketWatch

Despite quick action by regulators and policy makers, the risk is rising of spillover from the banking system into other sectors and the economy,
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Not Even the Short Sellers Saw the Banking Panic Coming | Barron's

Over the past month, the banking sector has taken a beating, with the Financial Select Sector SPDR Fund (XLF) down 12% and the SPDR S&P Bank ETF (KBE)
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Yellen tries to assuage investor fears as bank stocks slide – Reuters

U.S. Treasury Secretary Janet Yellen sought to reassure jittery investors that American bank deposits were safe and promised policymakers had more
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Michigan Attorney General Pushes Congress To Pass Marijuana Banking Bill After Issuing …

As pressure builds on congressional lawmakers to pass cannabis banking reform, the state's top law enforcement official said that the alleged
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