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FIRST Republic Bank has racked up another ratings downgrade, less than a week after a group of Wall Street banks agreed to contribute US$30 billion of deposits to the beleaguered lender.

WHATEVER plan emerges to preserve First Republic Bank might not leave much for shareholders of the troubled California lender.

THE Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs after recent the recent collapse of two US banks.

SINGAPORE’S corporate perpetuals have weakened in the aftermath of Credit Suisse’s debt wipeout, but not by much. Market watchers do not expect the impact to be long-lasting, and said corporates should still be able to tap the perpetual credit market – albeit at higher rates and under tougher scrutiny....

INVESTORS these days are constantly confronted with crises. In early 2020, the Covid pandemic was spreading across many countries. In early 2022, Russia invaded Ukraine.

THE fallout from the recent banking crisis spurred by the collapse of two banks – and concerns about the health of a third – is bubbling up in the market for commercial real estate lending, as borrowers fear that banks will pull back. That could slow down construction activity...

EQUITY holders will first absorb losses from the resolution of a financial institution before those who bought Additional Tier-1 (AT1) and Tier-2 capital instruments, said the Monetary Authority of Singapore (MAS) on Wednesday (Mar 22).

THE recent rout in bank shares will not result in a significant hit to commodities finance for major trading firms, the chief financial officers of the biggest energy traders told the Financial Times Commodities Global Summit on Wednesday (Mar 22).

THE riskiest segment of bank debt, called contingent convertible bonds or CoCos, is coming under renewed scrutiny among advisers to wealthy families.

PLANS to vastly expand the Federal Deposit Insurance Corporation’s (FDIC) safety net restored investor confidence in banks such as First Republic and in the US stock market this week, but these moves could well stall or even backfire.