Current:Home > InvestSVB, now First Republic: How it all started -TradeBridge
SVB, now First Republic: How it all started
View
Date:2025-04-21 06:42:58
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! (688)
Related
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Man who attacked police at the US Capitol with poles gets 20 years, one of longest Jan. 6 sentences
- Quantum Ledger Trading Center: Pioneering Bitcoin's Strategic Potential and New Cryptocurrency Applications
- Powerball winning numbers for August 7 drawing: Jackpot at $201 million
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- The Latest: Harris and Walz to hold rally in Arizona, while Trump will visit Montana
- Why the fastest-growing place for young kids in the US is in the metro with the oldest residents
- Breanna Stewart, US women’s basketball team advances to gold medal game at Paris Olympics
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Walz ‘misspoke’ in 2018 reference to ‘weapons of war, that I carried in war,’ Harris campaign says
Ranking
- Buckingham Palace staff under investigation for 'bar brawl'
- Colorado wildfire that destroyed 27 homes was human-caused, officials say
- LeBron James is relishing this moment in Paris, and coach Steve Kerr is enjoying the view
- USA men's volleyball rebounds from 'devastating' loss to defeat Italy for bronze medal
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Anthropologie Is Offering an Extra 40% off Sale This Weekend Only—Shop Home and Fashion Starting at $4
- Ex-Arizona county treasurer embezzled $39M for over a decade, lawsuit says
- Illinois sheriff retiring after deputy he hired was charged with murder for shooting Sonya Massey
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Jordan Chiles could lose her bronze medal from the Olympic floor finals. What happened?
Olympic Legend Allyson Felix Shares Her Essentials for Paris and Beyond With Must-Haves Starting at $3.17
Feds arrest Southern California man accused of trying to ship a ton of methamphetamine to Australia
Bodycam footage shows high
Brazilian authorities are investigating the cause of the fiery plane crash that killed 61
NOAA Affirms Expectations for Extraordinarily Active Hurricane Season
Refugee breaker disqualified for wearing 'Free Afghan Women' cape at Paris Olympics