Bloomberg Law
March 17, 2023, 8:45 PM

A Tumultuous Week: The Bloomberg Close, Americas Edition

Dayana Mustak

Good afternoon. Here’s what you need to know to end your day.

  • First Republic Bank survives, but still needs to find a way forward.

  • US short-term inflation expectations fell to a nearly two-year low.

  • Google employees are petitioning for better handling of job cuts.

What a whirlwind of a week. First Republic Bank staved off a potential collapse for now, but it’s done little to soothe investors’ fears.

  • The troubled lender—down 81% this year—is in talks to raise money from other banks or private equity firms by issuing new shares, the NYT reported.