First Republic reveals the severity of last month’s banking crisis
The embattled First Republic Bank, which was nearly a casualty of the banking crisis that saw the collapse of three banks in early March, released earnings yesterday that showed the institution lost $100 billion in deposits due to panic among consumers. We look at what that says about First Republic and the wider banking sector. Plus, how the housing market is looking as home price increases continue to slow. And, we talked to Jean Twenge, professor of psychology at San Diego State University, about her new book "Generations," which explores the differences between people of different age groups.
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Music from the episode
Loretta Ginger Root
The team
David Brancaccio
Host
Leanna Byrne
Host, BBC
Kelly Silvera
Executive Producer
Meredith Garretson Morbey
Senior Producer
Erika Soderstrom
Producer
Alex Schroeder
Producer
Ariana Rosas
Producer
Jarrett Dang
Digital Producer (gone fishing)
Jesson Duller
Media Producer
Nick Esposito
Media Producer
James Graham
Producer, BBC
Jo Critcher
Producer, BBC
Olie D'Albertanson
Producer, BBC