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Blue-chip issuers largely avoided tapping the market on Thursday, while a key measure of credit risk soared to the highest since the failures of SVB Financial Group and Signature Bank in March.

Former First Republic CEO Mike Roffler told regulators earlier this year that the bank could fail according to its resolution plan, but the institution still needed extra help to stay afloat long enough to organize a sale without further harming the financial system.

Liberty Bank, an $11.6 million-asset lender in Salt Lake City, is the first FDIC-supervised bank in six years to be hit with the lowest Community Reinvestment Act rating possible twice in a row. Regulators identified an unspecified "illegal credit practice" during their review of the bank's performance.

Merger arbitrage traders were expecting hiccups in Toronto-Dominion Bank's proposed takeover of First Horizon, but they were unprepared for its cancellation.

For firms that get it right, there's a chance to capture profits and offset risk from rising interest rates and inflation, according to experts who spoke at our Payments Forum conference.

A potential pause in the cycle by the Federal Open Market Committee is welcomed by housing industry observers, but inflation and inventory hinder activity.

The companies cited an inability to secure regulatory approvals after postponing multiple times a closing that had been originally expected last fall.

The placement of Wells Fargo, JP Morgan Chase, and Bank of America on the list makes them ineligible for state and local government contracts.

Levels of concern rise above where they were during the 2008 financial meltdown.

Changes to loan-level price adjustments are perfectly consistent with the FHA's mission and with the safety and soundness of Fannie Mae and Freddie Mac.