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(NEW YORK) -- Turmoil in the financial system returned this week as shares of First Republic Bank, the nation's 14th-largest lender, plummeted more than 75%. Th
WBAL Radio 1090 AM - Is the banking crisis over? Experts weigh in after First Republic Bank shares plunge
Photo by Justin Sullivan/Getty Images(NEW YORK) -- Turmoil in the financial system returned this week as shares of First Republic Bank, the nation's 14th-largest lender, plummeted more than 75%. The selloff took hold after the bank revealed that depositors had fled en masse last month after the collapse of Silicon Valley Bank, the largest U.S. bank failure since the 2008 financial crisis. The ongoing distress at First Republic rekindled questions about whether the banking industry has regained solid footing or teeters on the brink of wider failure. While the financial system remains under str...
MARKET WRAPS Watch For: EU PPI; U.K. Zoopla house price index; Germany foreign trade; trading updates from Credit Suisse, Clariant, Commerzbank, EDP Renovaveis, Ryanair Holdings, Tele2 AB, Homeserve, SEB, Volvo, Nokia Opening Call: Euro... | 12:16am
For years, U.S. investors could largely ignore Japan and its monetary policy makers. Those days are over.At issue is the possibility that Japanese policy makers are laying the groundwork to abandon a longstanding policy of keeping official interest rates and Japanese government bond yields below or near zero as inflation continues to rise. That, market For years, U.S. investors could largely ignore Japan and its monetary policy makers. Those days are over.At issue is the possibility that Japanese policy makers are laying the groundwork to abandon a longstanding policy of keeping official inter...