Attention Economy


Monday, May 1, 2023

The Collapse of First Republic

In an Unsteady Banking Industry, First Republic’s Problems Stood Out
https://www.nytimes.com/2023/05/01/business/first-republics-regional-banks-crisis.html

Why First Republic Bank Collapsed
https://www.wsj.com/articles/first-republic-bank-collapse-why-banking-crisis-61660d96
It failed to reckon with the impact of rising interest rates, which sent its strategy of relying on wealthy depositors into reverse
 
Regulators seize ailing First Republic Bank, sell remains to JPMorgan
https://www.washingtonpost.com/business/2023/05/01/first-republic-bank-seized-jp-morgan/
 
3 Failed Banks This Year Were Bigger Than 25 That Crumbled in 2008
https://www.nytimes.com/interactive/2023/business/bank-failures.html
 
How the latest bank failures size up against the nation’s biggest banks
https://www.washingtonpost.com/business/2023/03/13/bank-failure-size-svb-signature/