Current:Home > reviewsSVB, now First Republic: How it all started -WealthX
SVB, now First Republic: How it all started
View
Date:2025-04-18 14:25:22
The turmoil 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! (13532)
Related
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Lisa Kudrow Thanks Matthew Perry for His Open Heart in a Six-Way Relationship
- UK becomes 1st country to approve gene therapy treatment for sickle cell, thalassemia
- 'Ted Lasso' reunion: Jason Sudeikis and Hannah Waddingham share 'A Star Is Born' duet
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- UN agency report says Iran has further increased its uranium stockpile
- 13-year-old boy charged with killing father in DC, police say case was a domestic incident
- Is Selling Sunset's Jason Oppenheim Still in Love With Ex Chrishell Stause? He Says…
- DoorDash steps up driver ID checks after traffic safety complaints
- British Foreign Secretary David Cameron meets Zelenskyy in first overseas visit as top UK diplomat
Ranking
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Lawyers insist Nikola founder shouldn’t face prison time for fraud — unlike Elizabeth Holmes
- A first look at the newest Hyundai Santa Fe for 2024
- Lawyers insist Nikola founder shouldn’t face prison time for fraud — unlike Elizabeth Holmes
- Travis Hunter, the 2
- Browns QB Deshaun Watson done for the season, will undergo surgery on throwing shoulder
- Trump’s lawyers want a mistrial in his New York civil fraud case. They claim the judge is biased
- Virginia Senate Democrats and Republicans tap veteran legislators as caucus leaders
Recommendation
Current, future North Carolina governor’s challenge of power
UK becomes 1st country to approve gene therapy treatment for sickle cell, thalassemia
Personal attacks and death threats: Inside the fight to shape opinion about the Gaza war
Biden announces 5 federal judicial nominees, including first Muslim American to U.S. circuit court if confirmed
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
Goodbye free returns: Retailers are tacking on mail-in fees. Why that may be good news.
Video shows world's most dangerous bird emerging from ocean, stunning onlookers
Hawaiian woman ordered to pay nearly $39K to American Airlines for interfering with a flight crew