MM111: The US banking crisis claims another victim
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The Regional Banking Crisis: More Victims
We're going to talk about the regional banking crisis, more victims this week. That will lead us nicely into talking about the Federal Reserve latest monetary policy meeting we had midweek. And then we'll finish with Apple earnings. They came last night in recording this on Friday, the 5th of May. Latest episode of the recent banking crisis series soon to be on Netflix. I'm sure regulators seized and sold first republic bank to JP Morgan that actually marked the second largest bank failure in US history. Together with Silicon Valley Bank, Signature Bank, the three banks collectively held $532 billion in assets.
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