Current:Home > StocksOliver James Montgomery-SVB, now First Republic: How it all started -Capitatum
Oliver James Montgomery-SVB, now First Republic: How it all started
SignalHub Quantitative Think Tank Center View
Date:2025-04-06 00:13:46
The Oliver James Montgomeryturmoil 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! (29)
Related
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Even Beethoven got bad reviews. John Malkovich reads them aloud as 'The Music Critic'
- Why Kelly Clarkson Feels a “Weight Has Lifted” After Moving Her Show to NYC
- Clashes again erupt on the Lebanon-Israel border after an anti-tank missile is fired from Lebanon
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Suzanne Somers' Husband Alan Hamel Details Final Moments Before Her Death
- Russian parliament moves to rescind ratification of global nuclear test ban
- Ford and Mercedes-Benz among nearly 250,000 vehicles recalled: Check car recalls here
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- 'It's garbage, man': Jets WR Garrett Wilson trashes playing surface at MetLife Stadium
Ranking
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- The Biden Administration Has Begun Regulating 400,000 Miles of Gas ‘Gathering Lines.’ The Industry Isn’t Happy
- A Thai construction magnate convicted of poaching protected animals gets early release from prison
- Stock market today: World shares gain on back of Wall Street rally as war shock to markets fades
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Clashes again erupt on the Lebanon-Israel border after an anti-tank missile is fired from Lebanon
- We couldn't get back: Americans arrive in U.S. from Israel after days of travel challenges
- PG&E’s plan to bury power lines and prevent wildfires faces opposition because of high rates
Recommendation
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Iranian film director Dariush Mehrjui and his wife stabbed to death in home, state media reports
Sri Lanka lifts ban on cricketer Gunathilaka after acquittal of rape charges in Australia
Travis Barker's Son Landon Barker Shares His Struggles With Alcohol
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
Putin begins visit in China underscoring ties amid Ukraine war and Israeli-Palestinian conflict
Republicans in Nevada are split in dueling contest over 2024 presidential nomination
Taylor Swift's 'The Eras Tour' dances to No. 1 at the box office, eyeing 'Joker' film record