First Republic Bank

JPMorgan’s Profit Jumps, but Interest Rates Remain a Threat

It was another quarter of banner financial results for the largest lender in America.

The banks at the center of the recent crisis, like Western Alliance, are engaged in collective soul-searching.

Investors are not convinced that regional banks including PacWest and Western Alliance can remain viable. Some are actively betting on their demise.

Jerome H. Powell, the Federal Reserve chair, thinks his central bank can defy history to clinch slower inflation and a soft economic landing.

Hired to help with a capital raise, Goldman Sachs advised SVB to make a move that provoked a public panic and ended with the smaller bank collapsing.