Bank of America, Citigroup, JPMorgan Chase and Wells Fargo have announced that they are each making a $5 billion uninsured deposit into First Republic Bank. Goldman Sachs and Morgan Stanley are each making an uninsured deposit of $2.5 billion, and BNY Mellon, PNC Bank, State Street, Truist, and U.S. Bank are each making an uninsured deposit of $1 billion, for a total deposit from the eleven banks of $30 billion.
Tag: banking system
Andréa M Maechler appointed as BIS Deputy General Manager
Bank of Canada has announced the appointment of Nicolas Vincent as the bank’s new external, non-executive Deputy Governor for a term of two years, effective March 13, 2023. Vincent’s appointment fills the vacancy created by the departure of Timothy Lane in September 2022.
Freddie Mac Multifamily Apartment Investment Market Index continues to fall in Q4
Bank of Canada has announced the appointment of Nicolas Vincent as the bank’s new external, non-executive Deputy Governor for a term of two years, effective March 13, 2023. Vincent’s appointment fills the vacancy created by the departure of Timothy Lane in September 2022.
US Bancorp announces Quarterly Dividends
Bank of Canada has announced the appointment of Nicolas Vincent as the bank’s new external, non-executive Deputy Governor for a term of two years, effective March 13, 2023. Vincent’s appointment fills the vacancy created by the departure of Timothy Lane in September 2022.
Singapore’s banking system remains sound and resilient: MAS
Bank of Canada has announced the appointment of Nicolas Vincent as the bank’s new external, non-executive Deputy Governor for a term of two years, effective March 13, 2023. Vincent’s appointment fills the vacancy created by the departure of Timothy Lane in September 2022.