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American banks are grappling with a staggering $650 billion in unrealized losses on their bond investments — but there could be a way out. Wh...
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American banks are grappling with a staggering $650 billion in unrealized losses on their bond investments — but there could be a way out. Wh...
2023-05-08 08:18:37 ET Regional bank stocks continued surging on Monday as the recent concerns about the industry faded. The SPDR S&P Regional Banking ETF (KRE) stock jumped by more than 2% in the pre-market after it rose by over 6% on Friday. PacWest stock price leads gains ...
2023-05-03 11:42:47 ET Recently, JPMorgan Chase (NYSE: JPM) acquired most of the assets and certain liabilities from First Republic (NYSE: FRC) , which was seized by state regulators and placed into receivership under the Federal Deposit Insurance Corp. (FDIC). There wer...