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NEW YORK (CNNMoney.com) -- The tally of bank failures easily broke past the No. 100 milestone on Friday night, with regulators announcing the year's 106th closure. That's more than four times the ...
WASHINGTON (AP) — Bills were filed, hearings were planned and blame was cast as Congress reacted this past week to the abrupt failure of two banks. A look at what lawmakers are saying and ...
The US banking sector was dealt another blow when the FDIC stepped in to seize control of First Republic — marking the second-largest bank failure in US history by assets — and to sell it to ...
The current banking crisis is a separate, much smaller beast than in 2008. In 2008, 25 banks failed, according to the Federal Deposit Insurance Corporation’s database. Included in that count is ...
Let’s be frank: If you have a US bank account, hearing about bank failures in the past couple of months hasn’t felt great. After all, a bank is supposed to be the safest, most boring place to ...
A bar chart of U.S. bank failures since 2001, showing that First Republic Bank’s collapse was the second-biggest in U.S. history in terms of assets. The three banks that failed this year were ...
This deal — in which a bigger bank absorbs a struggling one — is typical during a crisis. What is less typical is the magnitude of this year’s failures. Combined, First Republic, Silicon ...