PYMNTS-MonitorEdge-May-2024

First Republic Bank

NY Fed Study: Small Lenders Weathered the Banking Crisis
NY Fed Study: Small Lenders Weathered the Banking Crisis
May 11, 2023  |  Banking

Smaller lenders emerged from the recent banking crisis relatively unscathed, according to new research. A study released Thursday (May 11) by the New York Fed...

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Jamie Dimon: ‘It’s Going to Get Worse’ for Banks
Jamie Dimon: ‘It’s Going to Get Worse’ for Banks
May 11, 2023  |  Banking

The head of America’s biggest bank is predicting tough times for his industry. At least as far as regulations go. “I think it’s going to...

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Blackstone Wants to Partner with Regional Banks in Loan Originations
Blackstone Wants to Partner with Regional Banks in Loan Originations
May 11, 2023  |  Banking

Blackstone wants to give regional banks more lending power ahead of a looming credit crunch. Jon Gray, president of the private equity giant, told the...

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Report: FDIC Rescues Create ‘Vicious Cycle’ for Future Bank Purchases
Report: FDIC Rescues Create ‘Vicious Cycle’ for Future Bank Purchases
May 07, 2023  |  Banking

Do banks need to fail — and get government help — before buyers come forward? A report by Reuters Friday (May 5) citing industry sources said...

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SEC Reportedly Investigating Alleged Insider Trading at First Republic Bank
SEC Reportedly Investigating Alleged Insider Trading at First Republic Bank
May 05, 2023  |  Banking

The Securities and Exchange Commission (SEC) is reportedly investigating whether there was insider trading at First Republic Bank. The investigation focuses on trades that now-former executives made before...

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SVB’s Former Owner May Have to Wait to Claim $2 Billion
SVB’s Former Owner May Have to Wait to Claim $2 Billion
May 04, 2023  |  Regulation

SVB Financial wants to collect $2 billion it is owed. The FDIC says: Wait your turn. The company, which owned the failed Silicon Valley Bank, hopes...

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PacWest Bancorp Reportedly Considering Options as Stock Price Plummets
PacWest Bancorp Reportedly Considering Options as Stock Price Plummets
May 03, 2023  |  Banking

PacWest Bancorp has reportedly been considering a sale, a breakup or a capital raise. The regional bank has been considering these options, but hasn’t made...

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KMPG’s Auditing Scrutinized After Trio of Bank Failures
KMPG’s Auditing Scrutinized After Trio of Bank Failures
May 03, 2023  |  Banking

America’s biggest bank auditor is reportedly under fire after a trio of high-profile banking failures. KPMG, one of the “Big Four” accounting firms, was the...

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Investors Remain Wary of Regional Banks After First Republic Sale
Investors Remain Wary of Regional Banks After First Republic Sale
May 02, 2023  |  Banking

Investors remain concerned about the future of regional banks. After regulators seized the struggling First Republic Bank and auctioned it off Sunday (April 30) and...

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