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Surveillance: JPMorgan To Acquire First Republic

Surveillance: JPMorgan To Acquire First Republic

FromBloomberg Surveillance


Surveillance: JPMorgan To Acquire First Republic

FromBloomberg Surveillance

ratings:
Length:
35 minutes
Released:
May 1, 2023
Format:
Podcast episode

Description

Chris Marinac of Janney Montgomery Scott says First Republic Bank was caught in the 'friendly fire' from the collapse of Silicon Valley Bank. Kathy Jones, Chief Fixed Income Strategist at Charles Schwab says "it's hard to divorce the Fed's actions from what's happening in the banking sector". Mayra Rodriguez Valladares, Managing Principal at MRV Associates, does not agree with JPMorgan CEO Jamie Dimon's assessment that we're 'getting near the end of it' on bank failures. Lori Calvasina, Head of US Equity Strategy at RBC Capital Markets, says "it's remarkable the resilience we've seen" in the banking sector. Joe LaVorgna, Chief Economist at SMBC Group, says "it was Fed policy itself that caused this crisis." Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.
Released:
May 1, 2023
Format:
Podcast episode

Titles in the series (100)

Tom Keene, Jon Ferro, Lisa Abramowicz, and Paul Sweeney have the economy and the markets "under surveillance" as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets.