Senior Politics Editor

Annie Gaus

First Citizens said it wants to maintain SVB’s ties with tech and venture capital, but many are skeptical that the deal will help startups.   

Tim Mayopoulos was being part of the new leadership team that joined Fannie Mae in the wake of the Great Financial Crisis

There’ll be umbrellas but no chocolate-chip cookies at JPMorgan’s new SF branch, the former headquarters of First Republic Bank. 

A coalition of major banks deposited $30 billion as a vote of confidence in embattled First Republic. 

First Republic lost more than $70 billion in deposits after the sudden implosion of Silicon Valley Bank destabilized the banking sector. 