Aaron Elstein writes a blog called In The Markets for Crain's New York Business and covers all aspects of Wall Street. He has been covering the beat since 1996, when the Dow Jones Industrial Average was at 5600. Before coming to Crain's New York Business in 2003, he wrote "Heard on the Street" columns at the The Wall Street Journal, covered bank mergers for American Banker, and got his start reporting on downstate Illinois graft and corruption for the Illinois Times in Springfield. His articles, columns and blogs have won numerous awards over the years, including from the Society of American Business Editors and Writers, the Society of Professional Journalists, the Alliance of Area Business Publications and the Jesse H. Neal National Business Journalism Award. He lives with his wife and son in Washington Heights and spends much of his free time worrying about the Red Sox.
Latest Articles
- News
Never in baseball has so much been spent for so little in return.
- Finance & Banking
JPMorgan Chase executives have laid out a case for the nation’s biggest bank, with nearly $4 trillion in assets, to grow bigger still by providing more services to affluent clients.
- Finance & Banking
First Republic, which lost $100 billion in deposits after the failure of Silicon Valley Bank, was taken over by the government and all its deposits and most assets transferred to JPMorgan, according to a statement from the Federal Deposit Insurance Corp. at 3:30 a.m. today.
- Investing
First Republic Bank’s $30 billion cash infusion might not last much longer, analysts say.
- Investing
First Republic Bank shares fell by 20% today after S&P Global cut the lender’s credit rating to junk.
- Investing
Signature Bank was seized by regulators on Sunday evening, the second failure of a regional bank in about 48 hours.