In recent calls with investors, regional bank leaders tried to cast the turmoil in the industry spurred by the collapse of Silicon Valley Bank as a moment that has passed.
CHARLOTTE, N.C., April 20, 2023 /PRNewswire/ Truist Financial Corporation (NYSE: TFC) today reported GAAP earnings of $1.4 billion, or $1.05 per share for the first quarter of 2023. PPNR(1)
into the death of 13 service members and dozens of americans left behind as lawmakers demanded those igs go back and dig for more answers. bret? bret: aishah hasnie live on capitol hill. aishah, thanks. up next, we will meet the hero who helped a couple under attack by a mob in chicago. first, beyond our borders tonight. terrified sudanese people flee the capitol after being trapped for days in their homes by fighting around them. this comes after the failure of an internationally brokered truist between government forces and rebels there. explosions shook the capitol city of khartoum as the army and rival paramilitary force battled in the streets there for a fifth day. about 15 a 5,000 canadian federal workers walk off the job for failing to reach higher wages and work from home guarantees. effects a range of public services from tax returns to
investors worry about european bank credit suisse despite a $40 billion bone from switzerland s central bank to keep it afloat. markets are still skeptical about its long-term prospects, and now all eyes are going to be on next week s federal reserve meeting as fears of a recession grow. cnn s christine romans has this report. boris and amara, a remarkable effort to save another bank from ruin. 11 banks, $30 billion, and that s how much money it took to shore up first republic. $5 billion each from bank of america, wells fargo, jpmorgan chase, and citi. 2.5 billion from morgan stanley, $1 billion from bny, melon, truist, pnc, state street, and
and morgan stanley. $1 billion from bny, melon, truist, pnc, state street, and us bank. there were talks with jalen yelin, jamie dimon, and the chairman of the fdic. the goal is to return the markets to normal and convinces you at home your money is in safe hands. it capped a fast-moving week by the federal reserve, the treasury department, and bank executives trying to inject confidence and capital back into the financial system. president biden is calling for congress to tighten laws and claw back compensation from banking executives by imposing tougher sanctions for banking failures. cnn white house reporter jasmine wright has the details on this. jasmine, what else did the white house say congress needs to do? reporter: well, president biden, he wants accountability,