Insights

Banks resume slide as First Republic gets $30B in deposits

Quick Take

  • First Republic Bank’s share price is down 80% in the past month and got 11 major U.S banks to pledge $30 billion, but the stock continued to slide during today’s pre-market, down 14%.
  • Credit Suisse is also down 9% during pre-market.
  • SVB financials files for chapter 11 bankruptcy in New York
  • As a result, Gold increases gains by 1% to $1,936.
  • Bitcoin extends gain approaching $27,000.
First Republic Deposit: (Source: Charlie Biello)
First Republic Deposit: (Source: Charlie Biello)

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button