The Louisville Metro Police Department gives an update at 11:30 a.m. ET on April 11 on the April 10 shooting at a bank in downtown Louisville, Kentucky, that resulted in 5 deaths. Courtesy of Louisville Metro TV …

HARRISONVILLE, Mo.—A 78-year-old woman with two past bank robbery convictions faces new charges after authorities allege she handed a teller a note that said “I didn’t mean to scare you” during a recent Missouri heist. Bonnie Gooch is jailed on $25,000 bond after she was charged with one count of stealing or attempting to steal…

JPMorgan CEO Jamie Dimon said in a letter to shareholders that the U.S. banking crisis is not over, and that even when it does end, its impact will linger for years, while warning that America seems to moving into a “vicious cycle.” “As I write this letter, the current crisis is not yet over, and…

America’s 25 biggest banks saw a huge $90 billion outflow of deposits last week, a sharp reversal from the prior week where larger financial institutions absorbed some of the deposits being withdrawn at a record pace from smaller banks in the wake of the Silicon Valley Bank (SVB) collapse. Between the collapse of SVB over…

America’s 25 biggest banks saw a huge $90 billion outflow of deposits last week, a sharp reversal from the prior week where larger financial institutions absorbed some of the deposits being withdrawn at a record pace from smaller banks in the wake of the Silicon Valley Bank (SVB) collapse. Between the collapse of SVB over…

America’s 25 biggest banks saw a huge $90 billion outflow of deposits last week, a sharp reversal from the prior week where larger financial institutions absorbed some of the deposits being withdrawn at a record pace from smaller banks in the wake of the Silicon Valley Bank (SVB) collapse. Between the collapse of SVB over…

Commentary March 28 hearings on bank regulation exposed the shortfall of federal regulation. The hearings came in the wake of the Silicon Valley Bank (SVB) failure and the stresses on other banks, like Signature and Republic.  To put it frankly, the hearings exposed our regulators appear to be virtually useless. Among things we learned last week:…

While the immediate threat of broader financial contagion seems to have abated following confidence-building emergency measures taken in the wake of the collapse of Silicon Valley Bank (SVB), experts are now warning of spillovers into the real economy in the form of a credit squeeze that could hit small businesses especially hard. Lending standards started…

A new study identifies 186 more banks are at risk of a Silicon Valley Bank-style collapse. Meanwhile, Senator Elizabeth Warren is calling for an independent probe into the recent failures of Silicon Valley Bank — and more regulation. Former President Donald Trump called for protests over the weekend, saying he’s expecting to be arrested on…

A new study identifies 186 more banks are at risk of a Silicon Valley Bank-style collapse. Meanwhile, Senator Elizabeth Warren is calling for an independent probe into the recent failures of Silicon Valley Bank — and more regulation. Former President Donald Trump called for protests over the weekend, saying he’s expecting to be arrested on…