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    Brooke Masters

    US Financial Editor

    Brooke Masters is the FT's US Financial editor, and an associate editor. She leads the team of reporters covering financial services in the world's financial capital and writes a business column.

    In 16 years at the FT, she has held a variety of editing, reporting and commentary roles in both New York and London. Among them were opinion and analysis editor, companies editor and chief regulation correspondent. She spent the first part of her career at the Washington Post covering criminal justice, local politics and education.

    Email Brooke Masters @brookeamasters  on Twitter (link opens in a new browser window)

    Add to myFT Digest

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    • Friday, 2 June, 2023
      ObituaryHarvey Pitt
      Harvey Pitt, former SEC chair, 1945-2023

      He was deeply committed to shaping financial regulation but came under heavy criticism for his efforts to co-operate with industry

    • Friday, 2 June, 2023
      The best books of the week
      The conservatives’ takeover of the US Supreme Court

      The rightwing lurch of a crucial branch of government not only stifles liberal causes but is a cause for long-term concern, argue two new insider accounts

    • Wednesday, 31 May, 2023
      Franklin Templeton Investments
      Franklin Templeton to buy Putnam Investments for more than $1bn

      Acquisitive California asset manager strikes deal that will expand business in alternatives and retirement plans

    • Sunday, 28 May, 2023
      Electric vehicles
      Taking an electric car on the road is still a gamble in America

      The infrastructure is not ready for rapid growth, despite government promises

    • Saturday, 27 May, 2023
      US banks
      Some investors see bargains in tentative US regional bank recovery

      Prices are cheap but many are hanging back for confirmation the sector has recovered from chaos of recent months

    • Thursday, 25 May, 2023
      Personal Finance
      How much cash should you have in your rainy day fund?

      Poor rates of interest and high inflation undermine the argument for a big emergency stash in an easy-access account

    • Tuesday, 23 May, 2023
      Aircraft manufacturing
      Boeing CEO warns climate-friendly biofuels will ‘never achieve the price of jet fuel’

      David Calhoun tells transport executives there is no cheap way of decarbonising air travel

    • Monday, 22 May, 2023
      PacWest Bancorp
      PacWest to sell more than $2bn of loans as it slims down to core business

      Property investment group Kennedy-Wilson to snap up lender’s portfolio at a discount

    • Wednesday, 17 May, 2023
      Share buybacks
      Share buybacks need less hate and more scrutiny

      These popular programmes are no substitute for thoughtful investment in growth — and decent pay for staff

    • Monday, 15 May, 2023
      US inflation
      Investors must focus on margins in era of high rates, says Warburg Pincus boss

      Veteran private equity executive Chip Kaye suggests looking for companies that can adapt to new financial conditions

    • Monday, 15 May, 2023
      Special ReportRisk Management: Financial Institutions
      SVB failure highlights the need to manage interest rate risk carefully

      After rapid deposit outflows at several US lenders, banks need to review their business models

    • Friday, 12 May, 2023
      Life & Arts
      Is this the end of the road for affirmative action?

      Edward Blum has waged war on ‘race conscious’ university admissions policies for a decade — and may now be on the brink of victory

    • Thursday, 11 May, 2023
      US banks
      FDIC to hit biggest US banks with $16bn bill for SVB clean-up

      US regulator’s proposal requires lenders with more than $50bn in assets to cover 95% of cost

    • Monday, 8 May, 2023
      US economy
      Fed warns of credit crunch risk after US bank turmoil

      Lenders signal plans to tighten loan standards as depositors withdraw cash

    • Saturday, 6 May, 2023
      US banks
      Local stress: The US regional banks under pressure

      The FT looks at the midsized lenders that have suffered since the collapse of Silicon Valley Bank

    • Friday, 5 May, 2023
      The Big Read
      JPMorgan: the bank that never lets a crisis go to waste

      Chief executive Jamie Dimon has presented the takeover of First Republic as a public service. But critics claim the system is stacked in its favour

    • Thursday, 4 May, 2023
      US banks
      US banks under fresh pressure as Peltz calls for Washington to stem crisis

      Activist investor makes case for an increase on the $250,000 deposit insurance limit

    • Thursday, 4 May, 2023
      US banks
      PacWest plummets 50% as it explores potential sale

      California lender is latest to seek financial lifeline amid worst industry crisis since 2008

    • Thursday, 4 May, 2023
      Mergers & Acquisitions
      Canada’s TD Bank calls time on acquisition of US lender First Horizon

      ‘Uncertainty’ over regulatory approval blamed for scrapping of deal

    • Thursday, 4 May, 2023
      First Republic
      Veteran of 1980s banks crisis hits out at sale of First Republic to JPMorgan

      ‘The biggest bank has gotten bigger,’ warns Bill Isaac, who was head of FDIC at time of savings and loan turmoil

    • Tuesday, 2 May, 2023
      US banks
      First Republic rescue fails to arrest slide in US regional bank shares

      PacWest and Western Alliance tumble amid broad sell-off of lenders

    • Monday, 1 May, 2023
      Morgan Stanley
      Morgan Stanley plans to cut another 3,000 jobs

      Latest round of reductions comes as Wall Street adjusts to extended dealmaking slump

    • Monday, 1 May, 2023
      US banks
      US bank agency recommends higher deposit insurance for business accounts

      FDIC suggests changes to $250,000 coverage cap following bank runs that toppled SVB and First Republic

    • Monday, 1 May, 2023
      Banks in turmoil
      The difference between First Republic and other recent bank failures

      Biden administration officials took a back seat in cleaner resolution brokered by regulators at FDIC

    • Monday, 1 May, 2023
      Banks in turmoil
      JPMorgan to acquire First Republic’s deposits as US regulators step in

      Depositors protected but shareholders wiped out in country’s second-largest bank failure

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