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MSNBCW Ana July 6, 2024 - Vimarsana News

MSNBCW Ana July 6, 2024

it's 10:00 eastern. i'm ana cabrera reporting from new york. breaking news this morning. first republic bank seized and sold to jpmorgan in an overnight deal. this is now the second largest bank failure in u.s. history, the third major bank to go under in less than two months. how are the markets reacting this morning? and what does it all mean for your money? is it safe? the manhunt for a suspected mass murderer continues in texas. a authorities say they have zero leads. five people are dead, including a 9-year-old boy. a community shaken to the core. we will bring you a live up...

MSNBC Ana Cabrera Reports June 4, 2024 14:07:00 - Vimarsana News

MSNBC Ana Cabrera Reports June 4, 2024 14:07:00

Banking crisis is over. if you look at what's happened with the progression of events, silicon valley bank in mid march and then first republic going down, we have to remember these were the three major banks catching all the attention. first republic had the issues it had over the past few days that ultimately led to its failure today and savior, essentially, from jpmorgan chase because of a report last week that showed they lost about 40% of the deposits since the beginning of the year. that type of deposit bleeding, people taking money out of the bank is not happening at any of the other ba...