Current:Home > InvestRekubit Exchange:SVB, now First Republic: How it all started -Wealth Legacy Solutions
Rekubit Exchange:SVB, now First Republic: How it all started
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-10 22:08:03
The Rekubit Exchangeturmoil in the banking industry isn't over yet. Today, First Republic Bank was seized, following the failures of Signature Bank and Silicon Valley Bank back in March. How did we get here? And how do we prevent banks from failing in the future? A show-stopping mea culpa from the Federal Reserve provides some answers.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood! (79643)
Related
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- IRS offers tax relief, extensions to those affected by Israel-Hamas war
- 'It's garbage, man': Jets WR Garrett Wilson trashes playing surface at MetLife Stadium
- UN refugee chief says Rohingya who fled Myanmar must not be forgotten during other world crises
- The company planning a successor to Concorde makes its first supersonic test
- Five snubs from the USA TODAY Sports men's college basketball preseason poll
- Horror as Israeli authorities show footage of Hamas atrocities: Reporter's Notebook
- Even Beethoven got bad reviews. John Malkovich reads them aloud as 'The Music Critic'
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Birthday boy Bryce Harper powers Phillies to NLCS Game 1 win vs. Diamondbacks
Ranking
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Putin meets Hungarian Prime Minister Orbán in first meeting with EU leader since invasion of Ukraine
- Georgia agency investigating fatal shoot by a deputy during a traffic stop
- Chris Evans confirms marriage to Alba Baptista, says they've been 'enjoying life' since wedding
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Swedish security police arrests two suspected of unauthorized possession of secret information
- A Florida man turned $10 into $4 million after winning $250k for life scratch-off game
- Mexican official confirms cartel gunmen forced a dozen tanker trucks to dump gasoline at gunpoint
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
A 1981 DeLorean with only 977 miles on it was unearthed in a Wisconsin barn
M&M's Halloween Rescue Squad might help save you from an empty candy bowl on Halloween
A mountain lion in Pennsylvania? Residents asked to keep eye out after large feline photographed
Sonya Massey's father decries possible release of former deputy charged with her death
Horoscopes Today, October 16, 2023
The Biden Administration Has Begun Regulating 400,000 Miles of Gas ‘Gathering Lines.’ The Industry Isn’t Happy
U.S. to settle lawsuit with migrant families separated under Trump, offering benefits and limiting separations