David Gura
Stories
-
Business
How two big Wall Street banks are rethinking the office for a post-pandemic future
From more air circulation to well stacked pantries, JPMorgan Chase and BNP Paribas are seeking to make the office a draw at a time when work-from-home is becoming commonplace.
-
Business
The SEC sues Binance, unveils 13 charges against crypto exchange in sweeping lawsuit
U.S. regulators sued Binance, saying the world's largest crypto trading platform misled investors and regulators. The accusations were part of 13 charges unveiled by the SEC.
-
Business
He took away the country's top AAA rating in 2011. He ended up fearing for his life
John B. Chambers led the team at ratings agency S&p that decided to downgrade the country's AAA rating in 2011. It was a big decision, and it took a personal toll — but he has no regrets.
-
Politics
Here's what could happen in markets if the U.S. defaults. Hint: It won't be pretty
Investors are still hopeful that lawmakers will clinch a deal to raise or suspend the debt ceiling. That's because failure to do so could have devastating consequences in markets.
-
Business
Shares of smaller lenders sink once again, reviving fears about the banking sector
PacWest and Western Alliance were among the smaller lenders that saw shares tumble even as the banks sought to reassure their customers and investors..
-
Business
JPMorgan Chase buys troubled First Republic Bank after U.S. government takeover
JPMorgan Chase is buying First Republic Bank's deposits, and a "substantial amount of their assets and certain liabilities," after the troubled bank was placed in the FDIC's receivership overnight.
-
Politics
What went wrong at Silicon Valley Bank? The Fed is set to release a postmortem report
The Federal Reserve and the FDIC are set to report Friday on their oversight of two failed banks. The banks' collapse six weeks ago rocked credit markets and raised the risk of recession.
-
Business
Why small banks take issue with bailing out Silicon Valley and Signature banks
The government's lifeline to customers of Silicon Valley Bank and Signature Bank cost more than $20 billion. By law, lenders will have to pay for it. Small banks say they shouldn't be on the hook.
-
Business
Stocks drop as fears grow about the global banking system
A drop in shares of European lender Credit Suisse is sparking fears that banking turmoil is spreading around the world.
-
National
The Collapse Of Silicon Valley Bank
A major bank in Silicon Valley experienced a bank run and failed. Fearing a cascading catastrophe in tech and banking, the government stepped in to prevent contagion.