coinpedia
2023-03-13 12:29:06

First Republic Bank Crumbles as Stock Plummets 55% in Pre-Market Trading

The post First Republic Bank Crumbles as Stock Plummets 55% in Pre-Market Trading appeared first on Coinpedia Fintech News Shares of San Francisco-based First Republic Bank ($FRC) were hit hard in pre-market trading on Monday, dropping 55% following declines of 33% last week, leading to a sharp decline in bank shares. Regulators Are Cracking Down on U.S. Banks Regulators’ efforts on Sunday to backstop all depositors in failed Silicon Valley Bank and Signature Bank …

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.