First Republic Bank

Banking & finance

Run on banks; banking on a run

If STI goes positive by the year-end, our three local banks, accounting for 40% of the index benchmark, will certainly weigh in
JPMorgan ends First Republic's turmoil after FDIC seizure - THE EDGE SINGAPORE

Banking & finance

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.

Banking & finance

Bank turmoil poses US$600 bil question for battered investors

Are the half-dozen banks in the spotlight outliers or a warning sign of a wider malaise in the financial sector?
How Dimon and Yellen helped secure US$30 bil lifeline for First Republic - THE EDGE SINGAPORE

Banking & finance

How Dimon and Yellen helped secure US$30 bil lifeline for First Republic

Not everyone is convinced it’s a good idea. Billionaire investor Bill Ackman called the rescue a "bad policy".

Banking & finance

First Republic set to get US$30 bil of deposits in rescue

The biggest banks, including JPMorgan, Bank of America, Citigroup and Wells Fargo would contribute US$5 billion of deposits each.

Banking & finance

First Republic Bank is said to weigh options including a sale

First Republic Bank was cut to junk by S&P Global Ratings and Fitch Ratings on Wednesday.
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