First Republic’s downfall was just the latest in a series of problems affecting midsize banks.
Tag: Dimon, James
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Biggest U.S. Banks Report Bumper Profits Amid Industry Turmoil
JPMorgan Chase, Wells Fargo, Citigroup and PNC Financial comfortably beat expectations for earnings in the first quarter, when the failures of smaller banks sent jitters throughout the sector.
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Jamie Dimon’s Letter to JPMorgan Investors Warns of Banking Crisis ‘Repercussions’
In his annual letter to shareholders, the chief executive of JPMorgan Chase said regulations were partly to blame for the turmoil, although the economy remained in “pretty good” shape.
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Jamie Dimon Reprises 2008 Role as Rescuer of a Failing Bank
The JPMorgan chief executive led an effort to raise $30 billion for First Republic, but no one is sure if it did any good.