First Republic collapse sparks regional bank shares sell-off
By Manya Saini (Reuters) – Shares of several regional lenders fell on Monday after the collapse of First Republic Bank,…
Business
U.S. Supreme Court to examine whistleblower claims against financial firms in UBS case
By Daniel Wiessner (Reuters) -The U.S. Supreme Court on Monday agreed to examine how difficult it should be for financial…
U.S. Treasury: ‘Decisive actions’ taken in response to bank failures
By David Lawder WASHINGTON (Reuters) – The U.S. Treasury Department said on Monday that authorities took “decisive actions” in response…
FDIC sees merits of increasing backstop for business accounts
By Hannah Lang and Ann Saphir WASHINGTON (Reuters) – A key U.S. banking regulator on Monday laid out a range…
Dollar gains before Fed meeting, jobs data
By Karen Brettell NEW YORK (Reuters) – The dollar rose to an almost two-week high against a basket of currencies…
Factbox-Why are Hollywood writers threatening to strike?
LOS ANGELES (Reuters) – Hollywood writers and the film and television studios are racing to agree to a new contract…
Oil drops 1% as economic growth concerns offset OPEC+ cuts
By Shariq Khan BENGALURU (Reuters) – Oil prices dropped by a dollar a barrel on Monday after weak economic data…
Explainer-Why First Republic Bank failed and what JPMorgan’s deal means
By Lawrence Delevingne (Reuters) – The focus of the U.S. regional banking crisis turned on First Republic Bank in late…
All eyes on Lyft’s new CEO as Wall Street awaits turnaround plan
(Reuters) – Lyft Inc’s revenue growth is likely to lag bigger rival Uber Technologies Inc for the sixth straight quarter,…
Options traders remain wary of regional banks after First Republic rescue
By Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) – The weekend rescue of troubled lender First Republic Bank…