The Latest Breaking News from First Republic

The ABA called for a probe into short sellers profiting off the bank crisis. Sen. Warren wants answers from First Republic executives.

Stock market rises on bounceback despite investors still nursing steep losses

Stock futures higher as Apple, bank stocks lift sentiment; April jobs report in focus amid 'data dependent' Fed; Apple shares jump as iPhone sales power Q2 earnings beat; Warner Bros Discovery earnings on deck after Paramount plunge and Banks trim borrowing from Fed, Pacwest, Western Alliance rebound.

PacWest and Western Alliance were among the smaller lenders that saw shares tumble even as the banks sought to reassure their customers and investors..

Bill Ackman, Nelson Peltz, and Jeffrey Gundlach all think the Fed is wrong about the banking system.

A crisis of confidence in the US banking sector led people to pull their money from banks including Silicon Valley Bank and Credit Suisse, and more recently, First Republic Bank and California-based PacWest Bancorp. The way these events have unfolded have created a new term in the vocabulary of finance:…

PacWest Bancorp sparked more panic among regional banks on reports it's exploring strategic options, including a potential sale. Bank stocks dive.

"The bank has not experienced out-of-the-ordinary deposit flows following the sale of First Republic Bank and other news," PacWest said.

Regulators step in after PacWest and Western Alliance shares plunge as investors fear repeat of First Republic, SVB and Signature failures

The Treasury has sought to reassure the public that the British banking system is safe after First Republic became the third major US bank to fail in two months.

The Democratic senator raised concerns about the deal reigniting the “too big to fail” problem.