Lazard reports surprise loss on dealmaking slump, cuts jobs
By Siddarth S and Lananh Nguyen NEW YORK (Reuters) – Investment bank Lazard Ltd on Friday reported a surprise loss…
Business
U.S. bank deposits dip in latest week
(Reuters) – Deposits at commercial U.S. banks dipped in the week ended April 19, signaling no fresh worries about bank…
Factbox: Red flags galore – Fed officials cited Silicon Valley Bank 31 times
(Reuters) – At the time of Silicon Valley Bank’s collapse, the number of outstanding safety and soundness warnings from Federal…
U.S. regulator set to take over First Republic-source
NEW YORK (Reuters) – The U.S. Federal Deposit Insurance Corporation (FDIC) is preparing to place First Republic under receivership imminently,…
Wall St ends higher, posts weekly, monthly gains on solid earnings, Fed pause hopes
By Stephen Culp NEW YORK (Reuters) – U.S. stocks rallied to a higher close on Friday and benchmark Treasury yields…
Lyft asks employees to come to office more regularly
(Reuters) – Lyft Inc said on Friday it has asked employees to return to office, the latest move by new…
First Republic options draw bears, though cashing in could be a problem
By Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) – Bearish options traders are ramping up bets on further…
White House: Fed report on SVB reinforces need for regulatory, supervisory reforms
WASHINGTON (Reuters) – The Federal Reserve Board’s independent review of Silicon Valley Bank’s collapse reinforces the need for “the commonsense…
U.S. engineers recommended grounding Boeing 737 MAX soon after second crash – report
By David Shepardson WASHINGTON (Reuters) -Some Federal Aviation Administration (FAA) engineers recommended grounding the Boeing 737 MAX in March 2019…
Supervisory staff shortages come into focus in Fed, FDIC reviews of failed banks
By Hannah Lang (Reuters) – Among the key findings revealed on Friday in the Federal Reserve and Federal Deposit Insurance…