What the First Republic deal means for America’s banks

Deutschland Nachrichten Nachrichten

What the First Republic deal means for America’s banks
Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen
  • 📰 TheEconomist
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 92%

When the financial system is consumed by uncertainty or fear, it is just about impossible to get to a good deal. That another bank was willing and able to buy the troubled First Republic is something of a relief

knights on horseback,” Logan Roy, the former boss of WayStar Royco, a media conglomerate, and lead character of “Succession”, a television drama, tells his son Kendall. He is warning his offspring that life is not about heroes. “It’s a number on a piece of paper. It’s a fight for a knife in the mud.”

A healthy financial system, then, is rife with deals. A sickly one is not. When the system is consumed by uncertainty or fear, it is just about impossible to get to a good deal. That another bank was willing and able to The funding line also looks a little needless. JPMorgan has plenty of excess funding. It has more than $500bn in cash parked in deposits with the Federal Reserve and other banks. But to help fund the $180bn or so in assets JPMorgan is acquiring it will take on $90bn in new deposits, $30bn in loans from the Federal Home Loan Bank, plus the $50bn loan from the$60.6bn, rather than $10.6bn, in cash now and forgo the loan. The problem is that banks also have to meet liquidity-coverage ratios .

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

TheEconomist /  🏆 6. in UK

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

First Republic Bank Failed. Will Other Banks Follow?First Republic Bank Failed. Will Other Banks Follow?First Republic Bank has become the second large regional bank with assets over $200 billion to fail in just a few weeks. Will other banks follow?
Weiterlesen »

Investors warn of First Republic aftershocks at gloomy Milken gathering\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Weiterlesen »

Jamie Dimon sees wealth management opportunity in First Republic deal\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Weiterlesen »

Will JP Morgan's bailout of First Republic finally bring a halt to contagion in the banking sector?Will JP Morgan's bailout of First Republic finally bring a halt to contagion in the banking sector?Last week was a massive earnings week in the US. However, investors\u2019 response to it until Thursday was relatively muted.
Weiterlesen »

Brilliant Brecel beats Selby for first world crownBrilliant Brecel beats Selby for first world crownBelgium's Luca Brecel becomes the first player from mainland Europe to win snooker's World Championship, beating Mark Selby 18-15 in Sheffield.
Weiterlesen »

Qantas appoints first female CEO as Alan Joyce steps down\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Weiterlesen »



Render Time: 2025-03-16 18:07:30