WSJ: The biggest banks in the U.S. swooped in to rescue First Republic Bank FRC 9.98%increase; green up pointing triangle
with a flood of cash totaling $30 billion, in an effort to stop a sprea...
Bloomberg: First Republic Says Fed, JPMorgan, Push Liquidity to $70 Billion
(Bloomberg) -- The turmoil following the collapse of Silicon Valley Bank continued to spread Monday, with First Republic Bank shares falling about 60% in pre-market trading despite efforts by the US r...
CNBC: First Republic drops 70%, leads decline in bank stocks despite government’s backstop of SVB
First Republic Bank led a decline in bank shares Monday that came even after regulators’ extraordinary actions Sunday evening to backstop all depositors in failed Silicon Valley Bank and Signature Ban...
Bloomberg: US Regional Banks Remain Under Pressure as First Republic Sinks
(Bloomberg) -- The positive effect from the American regulators’ overnight support actions in the banking system quickly evaporated on Monday morning, with stocks signaling that fallout from the incid...