The Latest Breaking News from First Republic

Stock futures nudge higher as Fed hints at rate hike pause; Yellen says no plan for 'blanket' bank deposit insurance' from Treasury; Coinbase shares tumble after crypto exchange gets SEC Wells Notice; Swiss National Bank hikes rates, says bank crisis 'halted and Boeing confirms $2.5 billion 737 Max deal with…

Bank stocks were mixed early Wednesday ahead of the Fed rate hike decision. Regional banks falter on First Republic, PacWest updates.

Stock futures edge lower as Fed rate decision looms; Fed Chair Powell faces difficult choice between inflation fight and bank stability; First Republic shares extend gains amid capital support plans; GameStop shares soar following first quarterly profit in two years and Nike slips lower as margins pressures cloud Q3 profit…

There has been a lot of talk about the risk of financial contagion following the collapse of California’s Silicon Valley Bank. Perhaps too much talk.

The sale of First Republic's assets could take awhile despite being rescued by 11 banks with $30 billion in deposits last week.

WASHINGTON - The United States banking sector is "stabilizing" after the recent failures of Silicon Valley Bank and Signature Bank rattled the industry, Treasury Secretary Janet Yellen told a lenders' conference Tuesday, as leaders seek to calm global worries.

This is why bank shareholders shouldn't expect such big returns – their risk is lower. In what other industry, asks Jonathan Milne, would they be rescued by regulators?

The recent collapse of Silicon Valley Bank (SVB) – the failure of the biggest US lender since the 2008 global financial crisis – has created waves across the global banking system. The subsequent collapse of another US institution, Signature Bank, the US$30 billion (£24.5 billion) lifeline given to First Republic…

First Republic Bank led financials higher early Tuesday as regulators work to soothe fears of a bank crisis. UBS, regional bank stocks rise.

US officials step in to guarantee deposits after smaller US banks have been pummeled by a wave of withdrawals, triggering crisis

Treasury secretary says 'similar actions' to the deposit guarantees for Silicon Valley Bank and Signature Bank 'could be warranted if similar institutions suffer deposit runs that pose the risk of contagion.'