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JPMorgan just got a lot bigger — and Elizabeth Warren is alarmed
Consumer Watch

JPMorgan just got a lot bigger � and Elizabeth Warren is alarmed

  • CNN
  • Updated May 9, 2023

Senator Elizabeth Warren told CNN on May 2 that JPMorgan Chase's takeover of First Republic Bank has her worried.

JPMorgan just got a lot bigger — and Elizabeth Warren is alarmed
Consumer Watch

JPMorgan just got a lot bigger � and Elizabeth Warren is alarmed

  • By Matt Egan, CNN
  • Updated May 9, 2023

JPMorgan Chase has once again come to the rescue of the banking system by acquiring a doomed bank. And that makes Democratic Sen. Elizabeth Wa…

FDIC calls to boost deposit insurance above $250,000 for some accounts
Consumer Watch

FDIC calls to boost deposit insurance above $250,000 for some accounts

  • Graeme Sloan/SIPA/AP
  • Updated May 9, 2023

A general view of the Federal Deposit Insurance Corporation (FDIC) logo on its headquarters in Washington, D.C., on May 2, 2020 amid the Coron…

FDIC calls to boost deposit insurance above $250,000 for some accounts
Consumer Watch

FDIC calls to boost deposit insurance above $250,000 for some accounts

  • By Elisabeth Buchwald, CNN
  • Updated May 9, 2023

The Federal Deposit Insurance Corporation is advocating for an increase in the deposit insurance limit for business payment accounts following…

JPMorgan Chase to buy most First Republic assets after bank fails
Consumer Watch

JPMorgan Chase to buy most First Republic assets after bank fails

  • Etienne Laurent/EPA-EFE/Shutterstock
  • Updated May 9, 2023

JPMorgan Chase is buying most assets of First Republic Bank after the bank's failure. Pictured is a First Republic Bank ATM in Los Angeles, on…

JPMorgan Chase to buy most First Republic assets after bank fails
Consumer Watch

JPMorgan Chase to buy most First Republic assets after bank fails

  • By Chris Isidore and Olesya Dmitracova, CNN
  • Updated May 9, 2023

JPMorgan Chase is buying most assets of First Republic Bank after the nation's second-largest bank failure ever, in a deal announced early Mon…

US inflation just reached an inflection point
Consumer Watch

US inflation just reached an inflection point

  • By Nicole Goodkind, CNN
  • Updated May 9, 2023

After more than a year of soaring prices monopolizing the attention of Wall Street, Main Street, economists, and journalists, the tide may be …

Europe's banking stocks recover as SVB deal brings respite
National

Europe's banking stocks recover as SVB deal brings respite

  • Elijah Nouvelage/Bloomberg/Getty Images
  • Updated Mar 27, 2023

First Citizens Bank, pictured here, is buying most of the business of failed Silicon Valley Bank. European banking stocks rose Monday, boosted…

Europe's banking stocks recover as SVB deal brings respite
National

Europe's banking stocks recover as SVB deal brings respite

  • By Anna Cooban
  • Mar 27, 2023

European banking stocks rose Monday, boosted by the news that US lender First Citizens Bank would buy most of the business of failed Silicon V…

What to do with your money now that the Fed just raised rates for the ninth time
News

What to do with your money now that the Fed just raised rates for the ninth time

  • Adobe Stock
  • Updated Mar 23, 2023

After two weeks of banking turmoil, the Federal Reserve on March 22 continued its bid to beat down inflation by raising its key interest rate …

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