Barron’s Magazine – March 20, 2023:
Banks Survived Another Week—and the Biggest Ones Look Like Winners
The nation’s banking giants will be beneficiaries of the industry’s turmoil. They have cheap stocks, and hefty dividend yields.
First Republic Bank and SVB Both Courted Wealthy Clients. That Wasn’t Enough.
Investors and customers fell in love with these two Silicon Valley banks and their CEOs. Then they fled as the crisis hit.
Why Regulators Didn’t Spot the Risks at Banks—How to Stop the Next Failure
The banking sector is in turmoil. But the causes are very different from 2008.
The Fed’s New Bind
Some economists say the Federal Reserve must pause its interest-rate-rising campaign to help bolster banks, while other economists say that such a pause would indicate the Fed isn’t serious about taming inflation.