Breaking: JPMorgan Chase CEO Jamie Dimon is leading discussions with the chief executives of other big banks about fresh efforts to stabilize troubled First Republic Bank
JPMorgan Chase & Co. Chief Executive Jamie Dimon is leading discussions with the chief executives of other big banks about fresh efforts to stabilize troubled First Republic Bank .
The discussions, while preliminary, have focused on how the industry could arrange for an investment that would boost the bank’s capital, according to people familiar with the matter. Among the options on the table, the people said, is an investment in First Republic by the banks themselves.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
JPMorgan CEO Jamie Dimon raising more support for First Republic: WSJJPMorgan Chase & Co. CEO Jamie Dimon is working to raise additional capital for First Republic Bank The Wall Street Journal reported at midday. Citing...
Baca lebih lajut »
First Republic Bank Looms Large for U.S. Regulators After Credit Suisse SaleAfter UBS agreed to purchase Credit Suisse, Treasury Secretary Janet Yellen and Fed Chair Jerome Powell sought to reassure investors in the U.S. where First Republic Bank has become U.S. officials’ main concern
Baca lebih lajut »
First Republic Bank: Shares fall 17% following second credit rating downgradeShares of First Republic Bank tanked by over 17% in premarket trading Monday morning amid news that S&P Global issued its second credit downgrade for the embattled bank within a week.
Baca lebih lajut »
First Republic likely to weather second S&P downgrade within a week: ReportFirst Republic Bank is reportedly poised to face another downgrade by S&P Global Inc even after a group of 11 banks scrambled to stabilize it.
Baca lebih lajut »
S&P cuts First Republic deeper into junk, says $30 billion infusion may not solve problemsFirst Republic Bank saw its credit ratings downgraded deeper into junk status by S&P Global, which said the lender's recent $30 billion deposit infusion from 11 big banks may not solve its liquidity problems.
Baca lebih lajut »
First Republic tumbles 25% as Credit Suisse takeover ignites banking crisis fearsFirst Republic shares tank 25% after UBS deal to buy Credit Suisse underscores risks of a banking crisis
Baca lebih lajut »