Current:Home > MarketsSVB, now First Republic: How it all started -Ascend Wealth Education
SVB, now First Republic: How it all started
Will Sage Astor View
Date:2025-04-07 05:33:12
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! (3)
Related
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- In the rough: Felony convictions could cost Trump liquor licenses at 3 New Jersey golf courses
- STD infecting periodical cicadas can turn them into 'zombies': Here's what to know
- Naomi Watts and Billy Crudup get hitched a second time: See the gorgeous ceremony
- B.A. Parker is learning the banjo
- Number of suspects facing charges grows in Savannah square shootout that injured 11
- Mexican authorities clear one of Mexico City’s largest downtown migrant tent encampments
- Truck falls into Ohio sinkhole, briefly trapping worker
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Utah judge sets execution date in 1998 murder despite concerns over a new lethal injection cocktail
Ranking
- What do we know about the mysterious drones reported flying over New Jersey?
- Plane crashed outside Colorado home, two juveniles and two adults transported to hospital
- U.S. resumes delivery of humanitarian aid to Gaza via repaired pier
- DePaul University dismisses biology professor after assignment tied to Israel-Hamas war
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- 1 dead, several others stabbed after Northern California lakeside brawl; suspect detained
- Naomi Biden testifies in father Hunter Biden's gun trial | The Excerpt
- Clemson baseball's Jack Crighton, coach Erik Bakich ejected in season-ending loss
Recommendation
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
Number of suspects facing charges grows in Savannah square shootout that injured 11
Bypassing Caitlin Clark for Olympics was right for Team USA. And for Clark, too.
Jennifer Hudson gives update on romance with Common: 'Everything is wonderful'
New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
The far right made big gains in European elections. What’s next, and why does it matter?
Naomi Campbell Confirms Her 2 Children Were Welcomed via Surrogate
Maren Morris comes out as bisexual months after divorce filing: 'Happy pride'