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Banks in Turmoil

As banks' strength and stability are put into question, we'll chart the failures, fallout and bailouts.
Banks in Turmoil

The banking crisis: What you actually need to know

Dylan Miettinen Mar 17, 2023

From This Collection

Marketplace Morning Report

Revisiting the banking bedlam this year

May 16, 2023
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Banks in Turmoil

Banking crisis may be fueling the rise of so-called "shadow banks"

by Kai Ryssdal and Andie Corban
May 15, 2023
Hedge funds and private equity loans might lend like banks, but they're not regulated like them.
Shadow banks are financial institutions that provide loans but don't take deposits.
Spencer Platt/Getty Images
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Banks in Turmoil

Who's on the hook for money the FDIC paid uninsured depositors?

by Kimberly Adams
May 12, 2023
The agency wants the country's largest banks to split the cost of refilling its coffers. But smaller banks aren't sure they're in the clear.
After stepping in to rescue depositors after recent bank failures, the Federal Deposit Insurance Corp. wants to replenish its insurance fund. Above, the agency's logo at a First Republic Bank branch.
Patrick T. Fallon/AFP via Getty Images
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Marketplace

The FDIC is asking big banks to pay up

May 12, 2023
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Banks in Turmoil

One way to make banks safer? Make them "narrower."

by Justin Ho
May 12, 2023
Limiting riskier, illiquid investment could make banks and the financial system more stable — but the Federal Reserve isn’t so sure.
A narrow bank could just lock your money away in a vault behind the tellers or park it in a liquid investment. But those options aren't very profitable.
Evening Standard/Getty Images
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Make Me Smart | Episode 922

The banking situation may not be over yet

May 11, 2023
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Banks in Turmoil

Here's why the U.S. has so many banks

by Kristin Schwab
May 5, 2023
Deregulation has allowed lenders to operate across state lines, making it easier for banks to merge when they’re in trouble.
"Banking in this country is way more restrictive than in any other of the industrialized countries," says Richard Grossman, an economics professor. 
David McNew/Getty Images
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Banks in Turmoil

Have short sellers been tanking bank stocks? Group wants SEC to investigate

by Kimberly Adams
May 5, 2023
Short selling's legal. Misrepresenting a firm's finances for profit isn't.
Short sellers bet against First Republic Bank. The American Bankers Association is urging the Securities and Exchange Commission to see if market manipulation was involved.
Justin Sullivan/Getty Images
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Banks in Turmoil

Why Jamie Dimon is the CEO that bridges Wall Street and Washington

by Kai Ryssdal , Sean McHenry and Livi Burdette
May 4, 2023
Emily Flitter of The New York Times explains how the head of JPMorgan became one of the key people trying to shore up the banking system.
"It's not like Jamie Dimon has dictatorial control over the situation the way John Pierpont Morgan Sr. did, but there are some incredible similarities," says New York Times reporter Emily Flitter. Above, the JPMorgan Chase CEO.
Drew Angerer/Getty Images
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Banks in Turmoil

How can regional banks manage the industry's troubles?

by Kristin Schwab
May 4, 2023
Larger lenders and regulators step in for the good of the overall banking system. But confidence among depositors is key.
Regional banks continue to struggle. News that PacWest is exploring "strategic options," including a sale of the company, sent its stock sliding.
Davd McNew/Getty Images
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