John Popeo @JWPopeo
Advising on financial services regulation and transactions. Partner @TheGallatin. Prev. @FederalReserve and @FDICGov. Led 40+ failed-bank deals during the GFC. Manhattan, NY Joined May 2012-
Tweets427
-
Followers4K
-
Following5K
-
Likes15K
This is 💯 correct. @LisaBeilfuss has been writing the same.
This is 💯 correct. @LisaBeilfuss has been writing the same.
It’s worth noting as well that FDIC deposit insurance for industrial loan companies is impossible to obtain in the current regulatory environment.
It’s worth noting as well that FDIC deposit insurance for industrial loan companies is impossible to obtain in the current regulatory environment.
Blank-cheque company aims to buy failed US banks on.ft.com/3PlSX4d
Blank-cheque company aims to buy failed US banks on.ft.com/3PlSX4d
This has been happening across the board since Q3, ‘23. Many MRAs.
This has been happening across the board since Q3, ‘23. Many MRAs.
Placing $SBNY in conservatorship was one approach, with FDIC bearing more losses (see IndyMac). The systemic risk exception shows regulators’ concerns re: contagion risk. If anything, $NYCB should have tried to do a shared-loss P&A, instead of the deal they struck.
Placing $SBNY in conservatorship was one approach, with FDIC bearing more losses (see IndyMac). The systemic risk exception shows regulators’ concerns re: contagion risk. If anything, $NYCB should have tried to do a shared-loss P&A, instead of the deal they struck.
This is the correct take. The Discount Window, prior to and during the GFC, worked with banks to ensure they had borrowing capability, docs in place, etc. The new approach @concodanomics suggests will expand the Fed’s purview and enable more direct and immediate intervention.
This is the correct take. The Discount Window, prior to and during the GFC, worked with banks to ensure they had borrowing capability, docs in place, etc. The new approach @concodanomics suggests will expand the Fed’s purview and enable more direct and immediate intervention.
There are few buyers capable of consummating a deal at the scale and size that $NYCB did with $SBNY. This highlights a persistent problem for regulators and for Washington if G-SIBs are excluded from bidding on assets and liabilities of failed super regionals, such as $SBNY.
There are few buyers capable of consummating a deal at the scale and size that $NYCB did with $SBNY. This highlights a persistent problem for regulators and for Washington if G-SIBs are excluded from bidding on assets and liabilities of failed super regionals, such as $SBNY.
In the GFC certain correspondent bks failed simply b/c their respondents suffered devastating credit losses. Our team sought to limit contagion among community bks and respondents by creating bridge bks and using extraordinary receivership tools. Expect to see a similar…
Should a large, complex bank be taken into receivership, it is possible that this could be the first time we actually see the FDIC use its tools (e.g., Dodd-Frank Title II - Orderly Liquidation Authority) crafted in response to the global financial crisis.
Should a large, complex bank be taken into receivership, it is possible that this could be the first time we actually see the FDIC use its tools (e.g., Dodd-Frank Title II - Orderly Liquidation Authority) crafted in response to the global financial crisis.
In early days of the 2008 financial crisis the Fed undertook a coordinated effort to encourage G-SIBs to borrow from the Discount Window. The goal was to alleviate stigma for banks borrowing from the Fed. I am not suggesting today’s environment is like 2008; rather, the impetus…
In early days of the 2008 financial crisis the Fed undertook a coordinated effort to encourage G-SIBs to borrow from the Discount Window. The goal was to alleviate stigma for banks borrowing from the Fed. I am not suggesting today’s environment is like 2008; rather, the impetus…
Risk never leaves financial system-it simply shifts from one party to another. Concerns regarding fragility of the system are not best handled by consolidating risk in the Fed; rather, these issues are better addressed through pragmatic regulation that considers tech nuances…
Risk never leaves financial system-it simply shifts from one party to another. Concerns regarding fragility of the system are not best handled by consolidating risk in the Fed; rather, these issues are better addressed through pragmatic regulation that considers tech nuances…
FBOP Corp is a good case study of how the FDIC cross-guarantee works. - wsj.com/articles/SB125…
FBOP Corp is a good case study of how the FDIC cross-guarantee works. - wsj.com/articles/SB125…
Maxfield on Banks @MaxfieldOnBanks
18K Followers 965 Following banking and leadership / "the best newsletter in banking" / see link below for my work
Ryan Selkis (d/acc) �.. @twobitidiot
350K Followers 5K Following founder & CEO @messaricrypto | long crypto, long America, short D.C.
Timyan Bank Alert @TimyanBankAlert
7K Followers 4K Following Timyan® Bank Alert is a Timyan Ventures publication written specifically for community bank stock shareholders and investors.
Paul Davis @The_Bank_Slate
4K Followers 1K Following Banking Consultant at Bank Slate (https://t.co/DXqb2kSwwv); UVa alum; Wake Forest MBA; views shared are mine and just mine
Bob Elliott @BobEUnlimited
139K Followers 689 Following CIO at @UnlimitedFnds | PM of $HFND | Fmr IC @Bridgewater | Described as one of the few "sane" voices on #fintwit | Comments are not investment advice
Alex Johnson @AlexH_Johnson
23K Followers 4K Following Fintech theorist, theorizing at @FintechTakes.
CorpusColossus @CorpusCol
5K Followers 232 Following Watching through a telescope from atop the Citadel, waiting for an opportunity to tell Rictus what to do. All to build a better world, of course.
Jason Mikula @mikulaja
18K Followers 3K Following Fintech Business Weekly publisher: subscribe👇| Doodles, fintech/banking & food pics | Ex- Goldman Sachs, Enova, LendUp, Peace Corp Vol.
Bank Reg Blog @bank_reg
3K Followers 302 Following A free blog about bank regulation, focusing mostly on the United States
Kiah Lau Haslett is a.. @khaslett
4K Followers 5K Following "Kiah like the car." Banking + fintech editor at @bankdirector. Midwestern nice. Bank nerd. Reader, runner, steak + soccer lover. Opinions are my own.
Our Bank @OurBank3
2K Followers 775 Following The shareholders are the rightful owners. Management has a fiduciary responsibility. Proud #SHT member-Shareholders who Hate value Traps
Brad Rinschler @thebankzhar
4K Followers 1K Following Down Range Capital Management Hedge fund Manager investing in Banks. Father and scratch golfer. Long Island bred, Hofstra Alumni. This is not investment Advice.
AV @AureliusValue
39K Followers 1K Following All tweets express our opinion and you should assume we hold a position in securities mentioned. No Affiliation with Aurelius Capital Management.
Markets & Mayhem @Mayhem4Markets
192K Followers 848 Following Helping you find an edge 📈 Investment Strategy & Consulting: https://t.co/7ahzoEscDJ Trade Ideas & Education: https://t.co/tonA7iJGM2 SPX Options Visualizer: https://t.co/6JCVhP36Fn
Porter Collins @Seawolfcap
42K Followers 2K Following Co-Founder of Seawolf Capital. Value investor, short seller and 2 time Olympian. Always looking for the next Big Short.
Julie A. Hill @ProfJulieHill
3K Followers 1K Following banking law, payment systems, secured transactions, and offshore finance
Jim Perry @mi_jim
5K Followers 6K Following Strategist & Speaker - helping community banks & CUs with insights & data-driven strategies. Tracking/shaping/amplifying global trends in #banking & #fintech!
McSejee @MSejee77151
1 Followers 312 Following
antibala @antibala
162 Followers 5K Following
Wolf @w0111f
3K Followers 5K Following Tiger and the Lion may be more powerful but the Wolf doesnt perform in circus. 🇹🇷
Wolf @Wol111f
203 Followers 1K Following
KatherineRalph @C651r37Cq208T93
0 Followers 105 Following
Teetauseeth @TeetauseethIzf
2 Followers 142 Following
Beesmez @Beesmez_OFA1N3
0 Followers 167 Following
AprilAbe @0c0lQQGQlxMPq0P
2 Followers 240 Following
2lvny2utka64a8 @ewnz4br3pl0ov4
0 Followers 64 Following
Foynouwh @foynouwh58555
3 Followers 307 Following
しょうざきよし.. @shouzakiyo44512
0 Followers 104 Following
RosemaryRaglan @evVBWn96e6BFg
0 Followers 105 Following
Lewsto @Lewstokvt
0 Followers 146 Following
Satiffough @Satiffoughv07L
0 Followers 276 Following
Nethur @Nethuruh8L
1 Followers 281 Following
Elder B.F. Naked @JMoore1123
2K Followers 1K Following Sarcastic skeptic, trying to avoid becoming a cynical curmudgeon. Bayesian. Can be convinced of others views, it takes a lot of quality data. Ex MS DPG/PIMCO
Digital Assets @AssetsLatest
988 Followers 281 Following
Claire @Claire491146592
1 Followers 18 Following
_SarJ_3A2J @S3a2j14414
38 Followers 1K Following
Gavin Campbell @steelbridgecap
417 Followers 531 Following Founder of Steelbridge. Use proprietary LLM's and AVM's to source, arb and buy public and private real estate for 1031, family office and institutional clients.
soni @Soni11004
67 Followers 239 Following INTP | Assertive | Memes lover | ❤️ Sun Tzu | Chasing Delta
Hugh sons @Hugh_Sons
164 Followers 905 Following CNBC reporter, banks + future of money. Served 12 years @business.
David Choi @DavidCh22968068
90 Followers 223 Following
Constantin Ebenberger @MingMingo1235
35 Followers 58 Following
jevgenijs Kazanins @jevgenijjs
137 Followers 4K Following I write about publicly traded fintech companies at https://t.co/m51plasvt6.sometimes I write about banks too.And visa.Not financial advice
Jevgenijs Kazanins @jevgenijs
5K Followers 3K Following I write about publicly traded Fintech companies at https://t.co/6XvHrdhkNj. Sometimes I write about banks too. And Visa. Not financial advice
Krishna Memani @KrishnaMemani
35K Followers 452 Following Investor The views expressed here are entirely personal.
Krissie Porshia @KPorshia49353
110 Followers 1K Following Crypto Philosopher | #NFT Degen | synthetix_io Spartan Council
Cassandra @epicureanmuse
105 Followers 239 Following The hottest places in Hell are reserved for those who, in a period of moral crisis, maintain their neutrality
Bryon Stevens @bryon_e_stevens
3 Followers 80 Following
Evan Bliss @BlissEvan
303 Followers 355 Following @Columbia Business School - @ $VLY, by way of @BNYMellon and @BofAML; Board Director @worldofmoneyorg
Eric Pan @ericjpan
132 Followers 396 Following President & CEO @ICI. Former @CFTC and @SEC_News International Affairs.
0nsizibilcx7f @bilc296789dd
10 Followers 345 Following
Deasaez @Deasaez125105
156 Followers 3K Following
Alex Graf ❤✌ @AlexStewartGraf
342 Followers 1K Following He/Him | Banking Reporter @SPGMarketIntel @HoyaJournalism | Bylines - @LeverNews @jacobin @wgtc_site @CBR @TGlobePost | Opinions my own
Auraze @Aurraze
0 Followers 724 Following
3go8ij58tzh79 @b5kvcgel8nrg
10 Followers 340 Following Good news. Earn 500-5,000usdc by analyzing BTC contracts professionally Telegram https://t.co/rqmNyEXFwJ
Mumtaz Ali @GeorgaiGammon
262 Followers 3K Following Macro Addict | lnvestor|Libertarian...I try to help increase their wealth/freedom. 650k+ subs on https://t.co/EudZukm2bv request: [email protected]
Daniel Afamefnal @DAfamefnal65051
544 Followers 3K Following
Fire Ant in Hiding @fireantinhiding
49 Followers 248 Following
hjkl @atdosseafx
131 Followers 3K Following
Efrain Lopez Tudares @EfrainTudares
0 Followers 748 Following
Maxfield on Banks @MaxfieldOnBanks
18K Followers 965 Following banking and leadership / "the best newsletter in banking" / see link below for my work
Ben Hunt @EpsilonTheory
167K Followers 2K Following Hope has two beautiful daughters - Anger and Courage. Anger at the way things are, and Courage to see that they do not remain as they are. - St. Augustine
Ryan Selkis (d/acc) �.. @twobitidiot
350K Followers 5K Following founder & CEO @messaricrypto | long crypto, long America, short D.C.
Timyan Bank Alert @TimyanBankAlert
7K Followers 4K Following Timyan® Bank Alert is a Timyan Ventures publication written specifically for community bank stock shareholders and investors.
Colarion @colarion
4K Followers 37 Following Investment advisor focused on the financial sector. Posts are not advice. https://t.co/NFizuUOd6G
Paul Davis @The_Bank_Slate
4K Followers 1K Following Banking Consultant at Bank Slate (https://t.co/DXqb2kSwwv); UVa alum; Wake Forest MBA; views shared are mine and just mine
Jim Bianco @biancoresearch
396K Followers 1K Following Macro investment research at https://t.co/hQqAza8GGP Our total return index is at https://t.co/vta9eqevnU The ETF WTBN tracks our Index. biancoresearch.eth
Bob Elliott @BobEUnlimited
139K Followers 689 Following CIO at @UnlimitedFnds | PM of $HFND | Fmr IC @Bridgewater | Described as one of the few "sane" voices on #fintwit | Comments are not investment advice
Alex Johnson @AlexH_Johnson
23K Followers 4K Following Fintech theorist, theorizing at @FintechTakes.
CorpusColossus @CorpusCol
5K Followers 232 Following Watching through a telescope from atop the Citadel, waiting for an opportunity to tell Rictus what to do. All to build a better world, of course.
Ronbo @Ron284Ron
1K Followers 66 Following I don't say much, but when I do it's usually worthwhile. Surrounding myself with good people looking to make a contribution. No one has a monopoly on ideas.
Jason Mikula @mikulaja
18K Followers 3K Following Fintech Business Weekly publisher: subscribe👇| Doodles, fintech/banking & food pics | Ex- Goldman Sachs, Enova, LendUp, Peace Corp Vol.
Bank Reg Blog @bank_reg
3K Followers 302 Following A free blog about bank regulation, focusing mostly on the United States
Nick Timiraos @NickTimiraos
325K Followers 112 Following Chief economics correspondent, The Wall Street Journal • Author, "Trillion Dollar Triage”
Kiah Lau Haslett is a.. @khaslett
4K Followers 5K Following "Kiah like the car." Banking + fintech editor at @bankdirector. Midwestern nice. Bank nerd. Reader, runner, steak + soccer lover. Opinions are my own.
Our Bank @OurBank3
2K Followers 775 Following The shareholders are the rightful owners. Management has a fiduciary responsibility. Proud #SHT member-Shareholders who Hate value Traps
Brad Rinschler @thebankzhar
4K Followers 1K Following Down Range Capital Management Hedge fund Manager investing in Banks. Father and scratch golfer. Long Island bred, Hofstra Alumni. This is not investment Advice.
Nancy Davis @nancy__davis
12K Followers 363 Following Founder of Quadratic and Portfolio Manager for the IVOL ETF and BNDD ETF. For important fund disclosures: https://t.co/vZK1SmD9Da and https://t.co/8WxNHYysiB
That Carpenter Guy @that_carpenter
1K Followers 44 Following Master Carpenter-Founder/CEO of 7 figure custom finish carpentry business.
Hugh Son @Hugh_Son
10K Followers 997 Following CNBC reporter , banks + future of money . Served 12 years @business .
Andréa Miller @AndreaCNBC
832 Followers 2K Following 🎥 journalist covering the weird economy @CNBC. Past: @ABC @DJNF #TempleMade former burrito-roller. 🪄🌈🧠 neurospicy. She/Her
Gordon Donald @Alexand52371123
31 Followers 229 Following
Edward Snowden @Snowden
5.8M Followers 1 Following I used to work for the government, but now I work for the public.
Elder B.F. Naked @JMoore1123
2K Followers 1K Following Sarcastic skeptic, trying to avoid becoming a cynical curmudgeon. Bayesian. Can be convinced of others views, it takes a lot of quality data. Ex MS DPG/PIMCO
Mike Zellinger @mjzellinger
26 Followers 162 Following PhD in machine learning at Caltech, previously @Oaktree @Novartis.
Michael Ohlrogge @M_Ohlrogge
48 Followers 0 Following Associate Professor, New York University School of Law.
Hannah Levitt @hannahlevitt
2K Followers 733 Following 🤑🤑finance reporter @business by way of @medillschool and @umich. she/her. views = mine, RT ≠ endorsement. [email protected]
Laura Brookover @laurabrooksie1
1K Followers 411 Following Lots of TV, books, design, crypto, other stuff. Litigator/lawyer @consensys Former CFTC enforcement. 3 kids aged 3 and under (send help).
Catherine Leffert @ccleffert
979 Followers 2K Following reporter @amerbanker • past: @dallasbiznews @business @djnf • always: @dailyorange • probably crosswording • she/her
Hugo Martingale @HugoMartingale
8K Followers 1K Following inventor of the martingale strategy, intern @polymarket
George Gammon @GeorgeGammon
260K Followers 82 Following Macro Addict | Investor| Libertarian...I try to help people increase their wealth/freedom. 650k+ subs on Youtube. Media requests: [email protected]
Proton @ProtonPrivacy
298K Followers 485 Following A better internet starts with privacy & freedom. Take control of your data with @ProtonMail, @ProtonVPN, @ProtonDrive, and @Proton_Pass.
Session @session_app
77K Followers 268 Following No phone numbers. No central servers. Fully open-source encrypted messaging. Send messages, not metadata. Soon to be powered by @session_token.
Gavin Campbell @steelbridgecap
417 Followers 531 Following Founder of Steelbridge. Use proprietary LLM's and AVM's to source, arb and buy public and private real estate for 1031, family office and institutional clients.
Hiten Samtani @hitsamty
10K Followers 1K Following RE market narratives & analysis @ ten31 Media. Ex 👑 of Content @ The Real Deal. Unable to 🙂 without 😃. Building something new. Secure The Promote now 👇
Gordon Law Group | Cr.. @gordonlawltd
6K Followers 1K Following Lawyers for Tax, Crypto, Startups, Ecommerce, Small Business Content is not legal advice. Contact Us: https://t.co/V3iZMKnoio
Stephanie Landsman @StephLandsman
13K Followers 996 Following CNBC Senior Content Producer: @CNBCFastMoney & its digital universe. @ualbany & @NewhouseSU alum. Tweets mine, retweets ≠ endorsements.
PokeyD90 @Pokeyd90
167 Followers 203 Following
zerohedge @zerohedge
1.9M Followers 900 Following
Rick Rule @RealRickRule
59K Followers 102 Following President and CEO, Rule Investment Media LLC #goldinvesting #resourceinvesting Views expressed are my own.
Marvin Ammori @ammori
11K Followers 2K Following Chief Legal Officer @Uniswap Labs. OG Net Neutrality Advocate. Tweets personal.
Martin Shkreli (e/acc.. @MartinShkreli
169K Followers 4K Following https://t.co/lzin5ByH0t [email protected] https://t.co/oMIiyJcIzk https://t.co/DuU6MMqcgQ
mcbenis @pt0kes
16K Followers 2K Following i’m here for the buffet 🍦 boden from 4k mcap to wherever it is now
JaguarAnalytics @JaguarAnalytics
36K Followers 231 Following Professional equity and option trade ideas with in-depth research based on 3-pronged approach: Fundamentals, Technicals and Options Activity
Eric Hovde @EricHovde
11K Followers 969 Following Running for U.S. Senate in Wisconsin to Restore the American Dream. Join Team Hovde TODAY!
Mike Higgins @meetmikehiggins
15K Followers 695 Following I buy, flip, sell, and hold RE on repeat | DMs open for RE/SMB talk
Tom Luongo (Head Snee.. @TFL1728
49K Followers 2K Following #Gold #Goats & #Geopolitics. It's time to get serious about collapsing institutions. Long Guillotines, Rope Makers and Lead Futures
Evan Bliss @BlissEvan
303 Followers 355 Following @Columbia Business School - @ $VLY, by way of @BNYMellon and @BofAML; Board Director @worldofmoneyorg
Eric Pan @ericjpan
132 Followers 396 Following President & CEO @ICI. Former @CFTC and @SEC_News International Affairs.
BankingNewsGuy @BankingNewsGuy
1K Followers 127 Following
Vincent Daniel @VD718
12K Followers 2K Following Co-founder of Seawolf Capital- Mets, Jets and Value Investing Go Hand in Hand
CaptainGeorgeNorth @Capt_GN
149 Followers 124 Following Don’t judge each day by the harvest you reap but by the seeds that you plant. Here to chop it up on BankTwitter. Public Journal.
Romaine Bostick @RomaineBostick
11K Followers 1K Following TV Anchor. Host of "Bloomberg Markets: The Close."
Dan Zwirn @dan_zwirn
2K Followers 196 Following Careful contrarian and strong believer that everything has some historical reference. CEO and CIO of @arenainv.
Milton W Berg CFA @BergMilton
20K Followers 265 Following MB Advisors Institutional Research [email protected] https://t.co/DLmwNx0gBU "Milton Berg's Guide to Technical Analysis and the Stock Market" Target 2025
Siyu Li @siyul
4K Followers 442 Following private investor | ex-NYSE, Bridgewater, Bernstein. Write "Under The Hood" https://t.co/Quq8NMGrpt Also: https://t.co/AwxYH8yDDT
Michael Lynch @DtDS_WSS
7K Followers 117 Following Petroleum engineer who experienced a 90% currency collapse. That'll lead a guy to gold and silver. I do analytics on monetary metals. #Silver #SilverSqueeze
Kathleen Hays @Kathleen_Hays
10K Followers 2K Following Econoqueen. Follower of Fed, global central banks & forces that drive them. https://t.co/tdg320AYOq Kathleen Hays Presents: Central Bank Cental.
Stephen Brantley @Stephen51724994
654 Followers 133 Following Lifelong Texas resident with over 40 years of banking experience, loves the great American Southwest, happily married to his wife, a Family Nurse Practitioner
Brent Ericson @brent_ericson
495 Followers 101 Following My daily grind: taking care of family, trading stocks and options, working on improving health, fitness, mental well-being
Peruvian Bull @peruvian_bull
65K Followers 644 Following analyst @ fintech. finance & macro economics. yen disrespectooor. the Dollar Endgame Book: https://t.co/Orz0fOyN0Z $GME #BTCIME senior folks in the public sector are basically actors. They have an army of people write speeches for them and photoshopping their images, but they themselves actually have no idea what they are doing. It becomes obvious in any candid conversion.
The inmates are running the asylum
Whatever you think, it will go higher. #crashup
Powell leaning in on labor supply increase via migration. This seems to make NFP prints very asymmetric - strong prints are going to be dismissed as increased supply, but a hint of weakness leads to early/more cuts. IMO everything going to surge the moment NFP weakens
🚨**Breaking Fed News!** **Fed Discount Window Update** 📈**Increase:** Up 27% to $6.79 billion this week! - **Focus on Smaller Banks:** Continued emphasis on their impact and strategies to stay solvent
$NYCB analyst: “What do you think about FDIC acquisitions?” NYCB CEO: we would like to avoid becoming one.
My first feature story @theinformation: an inside look at BlackRock's digital assets journey, and where it's exploring next theinformation.com/articles/how-b… 1/
👀
The latest article Praxis subscribers received, before the Fed announced plans to slow the pace of balance-sheet runoff. The narrative is that slowing quantitative tightening, or QT, allows for prolonged balance-sheet shrinkage after the Fed doubled its portfolio in response to…
BOJ wasting tens of billions of dollars on a lost cause. Much better idea would be to spend just a fraction of that on congressional donations, and ask them to pressure the Fed.
US banks selling commercial real estate loans to get ahead of stress, diversify | S&P Global Market Intelligence #CMBS spglobal.com/marketintellig…
The latest article Praxis subscribers received, before the Fed announced plans to slow the pace of balance-sheet runoff. The narrative is that slowing quantitative tightening, or QT, allows for prolonged balance-sheet shrinkage after the Fed doubled its portfolio in response to…
Understanding gold prices used to be straightforward: one had to have a view on the direction of US real rates to hold, buy or sell gold. Gold traded inversely to real rates for decades as fast-money ETFs in the West had to buy, hold or sell physical gold based on the changing…
Chinese home prices declined for 10 months in a row, both for new-built and 2nd hand. That is after they declined for 16 months in a row starting in Sept 2021. Gold prices at the SGE & SHFE is the only price that goes up in China for the past 12 months, of course other than the…
Have heard rumors of a CFTC sweep into DeFi/derivatives. What exactly is a regulatory "sweep"? A 🧵. /1
ECPG and PRAA mgmt after realizing $sofi is worried about delinquency rates in their personal loan portfolio
@bank_reg @JeffKDavis1 No loss share is interesting. Does that indicate it wasn't that competitive? Or maybe FULT was just a fairly aggressive bidder whereas the other bids had loss share agreements?
Interesting observations + facts from "Why Have Uninsured Depositors Become De Facto Insured?," a paper from @M_Ohlrogge: deliverypdf.ssrn.com/delivery.php?I… Rather timely since Republic First failed this weekend with 50% uninsured deposits!
If anyone on your feed is predicting any macro impact due to $FRBK seizure I strongly suggest you unfollow them. The stock has been trading for less than a dime for 6 months. Banks fail all the time. Get over it
🚨🇺🇸BREAKING: FDIC TAKES OVER BANCORP The Federal Deposit Insurance Corporation (FDIC) has taken control of Republic First Bancorp due to financial instability, appointing Fulton Bank to manage its assets and deposits. This intervention follows a series of regional bank…
August 1933: First National Bank-Detroit Collapse "He said he knew of 'no other city in the whole world where there was such an orgy of pyramiding of corporations and the fixing of fictitious values and earnings.'"
Seems bizarre, is FDIC now requiring third party payments to nonprofits in order to purchase a failed bank?
A few more details in the Fulton press release fultonbank.com/About-Fulton-B…
We've got a Friday bank failure and no it's not deja vu: Republic First is being seized. Scoop from @ginaheeb @laurenthomas @Justinbaer wsj.com/finance/bankin…
Breaking: Regulators are set to seize troubled Philadelphia bank Republic First and are near a deal to sell it to another lender on.wsj.com/4aQTe7P on.wsj.com/4aQTe7P
Trends for United States
You might like
