FIRST REPUBLIC SHARES HIT RECORD LOW AFTER DEPOSITORS PULL $100BN
Wed 26 Apr 2023: First Republic Bank’s shares have plunged to a record low after the lender announced that depositors withdrew more than $100bn, prompting fears of further bank collapses after the failures of Silicon Valley Bank and Signature Bank. First Republic’s stock closed down nearly 50 percent on Tuesday, after the San Francisco-based lender […]
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