43 min listen
Surveillance: JPMorgan To Acquire First Republic
Surveillance: JPMorgan To Acquire First Republic
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)
9am-10am ET: Kashkari, Abramowicz & Ghahramani: 9am-10am ET: Kashkari, Abramowicz & Ghahramani by Bloomberg Surveillance