Progressives and bankers find common ground in SVB crisis
The Federal Reserve doesn't just set monetary policy. It's also the primary regulator for many banks — including the failed Silicon Valley Bank. Now, progressives and the banking industry — unlikely bedfellows to be sure — are blaming the Fed for that bank's epic collapse.Why it matters: Calls for tighter regulation typically follow any kind of big banking crisis, but details…
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Ping An reports RMB148,365 million of operating profit attributable to shareholders of the parent company in 2022, annual cash dividend per share grows by 1.7% year on year
Joe Battenfeld: Bank failures fueling insecurity and angst among American voters
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