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Monday Headlines: First Citizens to buy large chunk of Silicon Valley Bank
By Matt Stichnoth,
CNBC.com: First Citizens to buy large chunk of failed Silicon Valley Bank
Bloomberg: US Mulls More Support for Banks While Giving First Republic Time
Financial Times: Money market funds swell by more than $286bn as investors pull deposits from banks
CNBC.com: Nearly $100 billion in deposits pulled from banks; officials call system ‘sound and resilient’
Financial Times: Investors bet Fed has finished raising interest rates
Bloomberg: Banking Crisis Raises Concerns About Hidden Leverage in the System
New York Times: The Banking Industry’s Go-to Crisis Adviser
Financial Times: Fed officials double down on rate rise decision citing high inflation
Wall Street Journal: Banks Step Up to Serve Crypto Firms After Signature, Silvergate Blowups
Wall Street Journal: Accounting-Fraud Indicator Signals Coming Economic Trouble
CNBC.com: Deposit drain from smaller banks into financial giants has slowed, sources say
Financial Times: American banks face a looming credit risk
Wall Street Journal: U.S. Bank Failures Pose Risk to Global Growth
Bloomberg: Deutsche Bank Bounces as Analysts Reassure on Financial Health