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FIRST REPUBLIC TAKEOVER
Trump likes the idea of government owning some US companies but took a pass on Spirit AirlinesPresident Trump showed interest in government taking over companies like Spirit Airlines. He saw these moves as financial wins and a way to...- Iran presses Houthis on Red Sea shipping, officials sayIran is urging the Houthis to prepare for renewed attacks on Red Sea shipping if the US escalates the conflict, though the Yemen-based grou...
- March 12 in world history: Gandhi’s Salt March, Nazi annexation of Austria and other major global eventsMarch 12th marked pivotal moments in history, including Mahatma Gandhi's Salt March in 1930, Germany's annexation of Austria in 1938, and t...
- JPMorgan to open more than 500 new bank branches over next three yearsJPMorgan Chase announces aggressive bank expansion, adding over 500 new U.S. branch locations by 2027. The expansion aims to broaden JPMorg...
- JPMorgan to buy embattled First Republic Bank after seizure by regulatorsJPMorgan Chase & Co has agreed to buy First Republic Bank after the regulatory authorities took over the troubled lender. JPMorgan will ass...
- Morgan Stanley plans to cut 3,000 more jobs in latest round of layoffs: US mediaThe US investment and financial services giant said in a recent earnings report that its profit dropped 20 percent in the first three month...
- SGX Nifty down 35 points; here's what changed for market while you were sleepingAsian stocks rose as trading resumed in most of the region’s markets following a holiday on Monday. Investors are weighing JPMorgan Chase &...
- US stock market: Dow Jones, Nasdaq slip after First Republic Bank takeoverThe Dow Jones Industrial Average and tech-heavy Nasdaq Composite Index both slipped by 0.1 percent, while the broad-based S&P 500 dipped by...
- Will 'sell in May and go away' be a good idea for investors this year?Investors are questioning whether the "Sell in May and Go Away" adage will hold true after the recent 6% surge in the Nifty. The US Federal...
- Timeline: The road to First Republic Bank's collapseLast week, First Republic reported a more than $100 billion plunge in deposits in the first quarter that sparked a brutal sell-off in the l...
- Regulators prepare to seize and sell First RepublicFederal regulators are looking to sell First Republic Bank before the market opens on Monday after its shares plummeted 75% since Monday. F...
- JPMorgan, PNC Financial eye First Republic Bank buyout, FDIC asks for final bids by SundayJPMorgan and PNC Financial Services Group are vying to buy First Republic Bank in a sale expected soon following the troubled lender's prob...
- U.S. officials lead urgent rescue talks for First RepublicThe Federal Deposit Insurance Corporation (FDIC), the Treasury Department and the Federal Reserve are among government bodies that have in ...
- First Republic shares fall as Yellen says not considering 'blanket insurance' on bank depositsThat hope was reduced on Wednesday, after Yellen told a hearing of the U.S. Senate's Appropriations Subcommittee on Financial Services that...
- First Republic shares tumble again as liquidity worries linger; peers reboundShares of First Republic Bank extended a recent slump on Monday with a 15% drop, after a report the regional bank could raise more money fa...
- First Republic's $30 billion rescue fails to soothe investor fearThe San Francisco-based company will still need to move quickly to find a way to remain independent, or strike a deal for a takeover. The d...
- Wall St rebounds on report First Republic in deal talks with big banksAt 11:31 a.m. ET, the Dow Jones Industrial Average was up 110.15 points, or 0.35%, at 31,984.72, the S&P 500 was up 36.60 points, or 0.94%,...
- Myanmar humanitarian crisis: Over 1 million displaced amid violence, says UN reportMyanmar's army in February last year seized power from the elected government of Aung San Suu Kyi, triggering widespread peaceful protests....
- Afghan situation, counter-terrorism ties dominate maiden meet of India-Kyrgz NSAsSecretary of the Security Council of the Kyrgyz Republic, Lieutenant General Marat Imankulov, visited India for the First India-Kyrgyzstan ...
- Infosys bags $250-million Philips dealPhilips will enter into a seven-year contract with Infosys BPO which will provide finance & accounting services and the processing of purch...
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