the wall street giant said it would pay $10.6 billion dollars to the federal insurance deposit corp, after officials shut down the smaller bank. first republic had been under pressure since last month, when the collapse of two other us lenders sparked fears about the state of the banking system. meanwhile, the managing director of the international monetary fund kristalina georgieva says she expects more weaknesses to be exposed in the banking sector. so just how vulnerable is it? let s ask the chief global investment officer of oreana financial, isaac poole. isaac, great to get you on the show. in the first instance, how much of a risk do you think there is of a failure amongst other us banks in the system? i failure amongst other us banks in the system? failure amongst other us banks in the system? i think there is a real risk of that- the system? i think there is a real risk of that. this the system? i think there is a real risk of that. this is the system? i think
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Nixon Capital LLC purchased a new stake in shares of PayPal Holdings, Inc. (NASDAQ:PYPL – Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 227,019 shares of the credit services provider’s stock, valued at approximately $13,941,000. PayPal accounts for about 6.2% of Nixon Capital LLC’s portfolio, […]