Banking

Banking
Report: FDIC Rescues Create ‘Vicious Cycle’ for Future Bank Purchases
May 07, 2023

Do banks need to fail — and get government help — before buyers come forward? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Banking
Revolut CEO Blames Banking Troubles For UK License Delay
May 07, 2023

Revolut’s CEO says recent bank turmoil has held up his company’s U.K. banking license. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Banking
Buffet: FDIC Avoided Catastrophe by Covering All SVB Customers
May 07, 2023

“A run on every bank in the country.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...

Banking
SEC Reportedly Investigating Alleged Insider Trading at First Republic Bank
May 05, 2023

The Securities and Exchange Commission (SEC) is reportedly investigating whether there was insider trading at First Republic Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Banking
Western Alliance Denies ‘Irresponsible’ Reports of Sale
May 04, 2023

Western Alliance says it will not be the next regional bank to go up for sale. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Banking
Goldman Sachs’ Advisory Work With SVB Probed by Feds
May 04, 2023

Federal authorities are investigating Goldman Sachs’ work with Silicon Valley Bank ahead of its collapse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Banking
Europe’s Lenders See ‘Bank Walk’ as Consumers Pull Savings
May 04, 2023

European consumers are reportedly pulling their savings from bank accounts as they seek better deals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Banking
PacWest Bancorp Reportedly Considering Options as Stock Price Plummets
May 03, 2023

PacWest Bancorp has reportedly been considering a sale, a breakup or a capital raise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Banking
Regional Banking Crisis Just Beginning: Ex Fed Official
May 03, 2023

An ex-Federal Reserve official said America’s regional banking crisis hasn’t yet passed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...