Notizia

A scathing Federal Reserve report on the collapse of Silicon Valley Bank released on Friday could be a boon to shareholders suing the defunct lender's executives for allegedly hiding risks that led to its stunning downfall, legal experts said.

NEW YORK (Reuters) -The U.S. Federal Deposit Insurance Corporation (FDIC) is preparing to place First Republic Bank under receivership imminently, a person familiar with the matter said on Friday, sending shares of the lender down nearly 50% in extended trading.

The U.S. Federal Deposit Insurance Corporation (FDIC) is preparing to place First Republic under receivership imminently, a person familiar with the matter said on Friday, sending shares of the lender down more than 40% in extended trading.

First Republic Bank shares plunged after a CNBC report that the lender was likely headed for receivership under the U.S. Federal Deposit Insurance Corporation (FDIC), worsening a rout that has wiped out 75% of the stock's value this week.

While the spectacle of SpaceX's new Starship rocket blowing up over the Gulf of Mexico riveted the public's attention, it was the explosive nature of the launch at ground level that was drawing heightened scrutiny from the government this week.

Shares of First Republic Bank plunged to a record low on Friday, losing nearly half of their value after a CNBC report said the troubled lender was most likely headed for receivership under the U.S. Federal Deposit Insurance Corporation (FDIC).

(Reuters) -Shares of First Republic Bank tumbled nearly 32% on Friday after a CNBC report said the troubled lender was most likely headed for receivership under the U.S. Federal Deposit Insurance Corporation (FDIC).

(Reuters) -Shares of First Republic Bank dipped in the early hours of trading on Friday, reversing earlier gains as investors digested news of a potential rescue deal brokered by the U.S. government.