What We're Reading: Page 75
Industry reads hand-picked by our editors
Mar 31, 2023
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CNBC
Singapore’s banking authority says DBS outage was ‘unacceptable’
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The New York Times
Do We Know How Many People Are Working From Home?
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Bloomberg
US Unemployment Claims Tick Up for First Time in Three Weeks
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The Wall Street Journal
Small Banks Are Losing to Big Banks. Their Customers Are About to Feel It.
Mar 30, 2023
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Reuters
Elon Musk and others urge AI pause, citing ‘risks to society’
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The New York Times
Disney Lays Off Ike Perlmutter, Chairman of Marvel Entertainment
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Bloomberg
FDIC Faces $23 Billion in Costs From Bank Failures. It Wants Big Lenders to Pay
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The Wall Street Journal
The Banker Tasked With Saving Swiss Banking
Mar 29, 2023
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Barron’s
Alibaba’s Shakeup Is Boosting the Stock. It’s a Template for Amazon, Alphabet.
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The Wall Street Journal
Lawmakers Scold Fed Over Silicon Valley Bank Collapse
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The New York Times
Will Bank Turmoil Tank the Economy?
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Reuters
Fed’s Barr says first learned of risks at SVB weeks before it failed
Mar 28, 2023
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Reuters
U.S. backstops Silicon Valley Bank sale to First Citizens
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Barron’s
SVB Has a New Owner. First Republic and Other Regional Bank Stocks Rally.
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The Wall Street Journal
First Citizens Acquires Much of Failed Silicon Valley Bank
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Bloomberg
Disney Begins Job Cuts With Goal of Eliminating 7,000 Positions
Mar 27, 2023
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Bloomberg
‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing Layoffs
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CNBC
Walmart lays off hundreds of workers at e-commerce facilities
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The Wall Street Journal
Bank Borrowing From Fed’s Discount Window Hits Record High
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Reuters
Exclusive: JPMorgan, Citi, BofA tell staff not to poach clients from stressed banks
Mar 24, 2023
Mar 23, 2023
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Reuters
US not considering ‘blanket insurance’ for bank deposits, Yellen says
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The New York Times
Bank Crisis Could Cast Pall Over Commercial Real Estate Market
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The Wall Street Journal
Banks, Investors Revive Push for Changes to Securities Accounting After SVB Collapse
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Bloomberg
Could the US Really Guarantee All Bank Deposits?
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