David Gura

David Gura appears in the following:

The U.S.'s perfect credit rating is on notice for the second time in its history

Sunday, May 28, 2023

After Fitch warned the U.S. its AAA rating could be in jeopardy, there is fear of a repeat of what happened in 2011, when Standard & Poors downgraded the U.S. to AA+.

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A debt default by the U.S. would be devastating to the nation's credit rating

Wednesday, May 24, 2023

As the debt ceiling talks continue and the United States edges closer to a potential default on its debt, the nation is at risk of losing its prized AAA rating.

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Here's what could happen in markets if the U.S. defaults. Hint: It won't be pretty

Sunday, May 21, 2023

Investors are still hopeful that lawmakers will clinch a deal to raise or suspend the debt ceiling. That's because failure to do so could have devastating consequences in markets.

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Former leaders of failed banks appear before a Senate committee

Tuesday, May 16, 2023

Former top executives at Silicon Valley Bank and Signature Bank are set to appear before the Senate Banking Committee after both lenders had to be rescued by the government earlier this year.

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Shares of smaller lenders sink once again, reviving fears about the banking sector

Thursday, May 04, 2023

PacWest and Western Alliance were among the smaller lenders that saw shares tumble even as the banks sought to reassure their customers and investors..

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New signs of banking turmoil after First Republic Bank's failure — the third in 2023

Thursday, May 04, 2023

Days after the second-largest bank failure in U.S. history, there are signs other regional banks are vulnerable.

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JPMorgan Chase banks on its new HQ being 'a destination'

Wednesday, May 03, 2023

JPMorgan Chase is building a multibillion-dollar headquarters in New York City, designed by one of the most famous architects in the world. The bank hopes it will be a model for a post-pandemic workplace.

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JPMorgan Chase to take over deposits and most of the assets of First Republic Bank

Monday, May 01, 2023

JP Morgan Chase is buying the troubled lender First Republic, after its shares plummeted on the New York Stock Exchange last week. The FDIC oversaw the sale.

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JPMorgan Chase buys troubled First Republic Bank after U.S. government takeover

Monday, May 01, 2023

JPMorgan Chase is taking over First Republic after the troubled bank was placed in the FDIC's receivership in the latest failure in the banking system.

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A new report assesses last month's bank failures and includes lessons for the future

Friday, April 28, 2023

The Federal Reserve and the FDIC reported on lessons learned from March's bank failures, including lapses in government oversight and ideas on how to prevent similar meltdowns going forward.

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What went wrong at Silicon Valley Bank? The Fed is set to release a postmortem report

Thursday, April 27, 2023

The Federal Reserve and the FDIC are set to report Friday on their oversight of two failed banks. The banks' collapse six weeks ago rocked credit markets and raised the risk of recession.

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First Republic Bank shares plummet, reigniting fears about U.S. banking sector

Wednesday, April 26, 2023

Trading of First Republic Bank shares were halted multiple times today, as investors sold off shares, alarmed by financial disclosures from the bank.

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It cost $22 billion to rescue two failed banks. Now the question is who will pay

Thursday, April 13, 2023

Regulators need to decide how to recover the cost of rescuing Silicon Valley Bank and Signature Bank — and community banks across the country are warning they should not be on the hook.

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Why small banks take issue with bailing out Silicon Valley and Signature banks

Thursday, April 06, 2023

The government's lifeline to customers of Silicon Valley Bank and Signature Bank cost more than $20 billion. By law, lenders will have to pay for it. Small banks say they shouldn't be on the hook.

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First Republic Bank shares sink to another record low, but stock markets are calmer

Monday, March 20, 2023

Shares in the midsized lender continued to tumble as fears grow about First Republic's financial health grow even after it received a $30 billion lifeline from its bigger rivals last week.

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What to watch for after a volatile week on Wall Street

Friday, March 17, 2023

Markets have been volatile since Silicon Valley Bank collapsed, amid fears of wider problems with the banking system. Days away from a critical Federal Reserve meeting, they're even more on edge.

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The biggest banks in the U.S. are stepping in to save First Republic Bank

Friday, March 17, 2023

Eleven big banks are offering a lifeline to First Republic Bank, a smaller lender that's been under pressure since Silicon Valley Bank collapsed a week ago.

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First Republic becomes the latest bank to be rescued, this time by its rivals

Thursday, March 16, 2023

The lenders including J.P.Morgan and Wells Fargo would deposit $30 billion into the beleaguered midsized lender as part of the rescue.

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Stocks drop as fears grow about the global banking system

Wednesday, March 15, 2023

A drop in shares of European lender Credit Suisse sparked fears that banking turmoil is spreading around the world.

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2 bank failures are making smaller banks nervous about losing customers

Wednesday, March 15, 2023

After the collapse of Silicon Valley Bank, some customers have been moving their money from smaller, regional banks to larger lenders. And that could reshape the banking landscape.

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