
First Republic Bank Shares Slump 18% Following Downgrade from S&P
In an attempt to save First Republic Bank, a number of mainstream banking giants have decided to come to the bank’s aid with a total deposit of $30 billion.
In an attempt to save First Republic Bank, a number of mainstream banking giants have decided to come to the bank’s aid with a total deposit of $30 billion.
First Republic recently saw its shares jump 20% as the market still recovers from the collapse of Silicon Valley Bank.