First Republic’s Failure 05/01/23
Squawk Pod1 Mai 2023

First Republic’s Failure 05/01/23

In the third bank failure since March and the second largest bank failure in U.S. history, First Republic’s assets have been seized and auctioned. JPMorgan emerged the winner of the bank bidding, taking on about $92 billion in deposits, $173 billion in loans, and $30 billion in securities. CNBC’s Leslie Picker reports the details of the deal and the failure, and former NEC Director Gary Cohn joins former SEC Chairman Jay Clayton to discuss what happened and what’s next for the U.S. financial system. Plus, antiwork sentiment is rising. Chief scientist of workplace culture at Culture Partners Jessica Kriegel explains “quit-tok” trends and mass layoffs across industries.

In this episode:

Gary Cohn, @Gary_D_Cohn

Jessica Kriegel, @jessica_kriegel

Leslie Picker, @LesliePicker

Joe Kernen, @JoeSquawk
Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Episoder(1920)

Teflon Tesla; Impeachment Ad Blitz

Teflon Tesla; Impeachment Ad Blitz

Mayor Pete Buttigieg is facing criticism for his (incomplete) donor list, Eli Lilly is facing criticism from Elizabeth Warren on the company’s insulin pricing, and WeWork has landed another lifeline. ...

18 Des 201930min

Boeing’s Production Halt; Bad Apps; Impeachment Economics

Boeing’s Production Halt; Bad Apps; Impeachment Economics

Boeing announced it is suspending production of the 737 Max Jetliner in January. CNBC reporter Phil LeBeau, crisis management expert Eric Dezenhall and Allied Pilots Association’s Dennis Tajer talks r...

17 Des 201935min

Space Race with Neil deGrasse Tyson; Boeing Board’s Debate; 1998 Amazon Throwback

Space Race with Neil deGrasse Tyson; Boeing Board’s Debate; 1998 Amazon Throwback

Squawk Pod heads to space! Astrophysicist Neil deGrasse Tyson says there are plenty of opportunities beyond Earth, and NASA’s just the tip of the meteor. Allianz Chief Economic Adviser Mohamed El-Eria...

16 Des 201930min

Boris Johnson’s Big Win; Steve Bannon; Nancy Pelosi’s Pricing Plan

Boris Johnson’s Big Win; Steve Bannon; Nancy Pelosi’s Pricing Plan

A decisive win for the Conservative Party in the U.K. means Brexit is coming. “No ifs, no buts, no maybes.” A phase one trade deal has been reached, but China Beige Book International’s Leland Miller ...

13 Des 201938min

Survivor Streaming; WeWork or WeFraud; Noms de Plume

Survivor Streaming; WeWork or WeFraud; Noms de Plume

Saudi Aramco’s stock surged on its second day of trading and a senior trade advisor is adding to the tariffs debate under a not-so-secret nom de plume. The banker behind the biggest media deals of the...

12 Des 201926min

World’s Biggest IPO; Smoking Pot Stocks; Head of the FAA

World’s Biggest IPO; Smoking Pot Stocks; Head of the FAA

The head of the Federal Aviation Administration speaks to Congress today in the wake of the Boeing 737 Max tragedies this past year. Before his testimony, Steve Dickson shares his strategy for flight ...

11 Des 201929min

SurveyMonkey CEO; Warby Parker Co-CEO; Google’s Play for Death (Cures)

SurveyMonkey CEO; Warby Parker Co-CEO; Google’s Play for Death (Cures)

A former Boeing employee speaks out on the red flags he raised before the two deadly 737 Max crashes. Google’s parent company Alphabet has brought on a new board member who might be able to help the c...

10 Des 201931min

Amazon’s Return to NY; NASA to the Moon

Amazon’s Return to NY; NASA to the Moon

Amazon is still coming to New York, though this time it’s hitting Hudson Yards instead of Long Island City. The move reignited a debate about subsidies and what big tech does to the community and busi...

9 Des 201928min

Populært innen Business og økonomi

lydartikler-fra-aftenposten
stopp-verden
dine-penger-pengeradet
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
livet-pa-veien-med-jan-erik-larssen
pengepodden-2
pengesnakk
utbytte
tid-er-penger-en-podcast-med-peter-warren
finansredaksjonen
morgenkaffen-med-finansavisen
rss-sunn-okonomi
liberal-halvtime
rss-politisk-preik
lederpodden
okonomiamatorene
stormkast-med-valebrokk-stordalen
rss-markedspuls-2