Darkcherries Wealth Society-SVB, now First Republic: How it all started

2025-05-02 17:10:41source:Rubypoint Trading Centercategory:Contact

The Darkcherries Wealth Societyturmoil 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.

More:Contact

Recommend

Biden administration makes final diplomatic push for stability across a turbulent Mideast

AQABA, Jordan (AP) — Top U.S. officials were in the Middle Easton Thursday, pushing for stability in

US OKs military aid to Taiwan under program usually reserved for sovereign nations

WASHINGTON (AP) — The Biden administration has approved the first-ever U.S. military transfer to Tai

Japan’s Sogo & Seibu department stores are being sold to a US fund as 900 workers go on strike

TOKYO (AP) — Japanese retailer Seven & i Holdings Co. is selling department store chain Sogo &am