news agency

Tag: First Republic Bank

US regional banks fall on Wall Street after the collapse of the First Republic

US regional banks fall on Wall Street after the collapse of the First Republic US regional banks fall on Wall Street after the collapse of the First Republic

The banks US regional banks fell on Wall Street on Tuesday as fears for the health of the financial system resurfaced after the collapse of First Republic Bank, intervened yesterday by the authorities and partially sold to the country’s largest entity, JPMorgan Chase. At the close of the stock market, they led the losses pac […]

First Republic Bank shares soar 23% after days of panic

First Republic Bank shares soar 23% after days of panic First Republic Bank shares soar 23% after days of panic

The actions of the punished US bank First Republic They shot up more than 23% this morning, during electronic operations prior to the opening of Wall Street, after several days of deep falls as a result of the storm that has raged over US and European banks. An hour and a half before the Wall […]

Yellen pledges to protect bank deposits, but more might be needed

Yellen pledges to protect bank deposits, but more might be needed Yellen pledges to protect bank deposits, but more might be needed

The banking system of USA It is stabilizing after strong action by regulators, but further action may be necessary if smaller banks experience deposit runs that threaten further contagion, Treasury secretary is scheduled to tell bankers on Tuesday. Janet Yellen. In excerpts from remarks prepared for a conference before the American Bankers Association, Yellen said […]

First Republic shares plunge nearly 33% despite $30 billion support

First Republic shares plunge nearly 33% despite $30 billion support First Republic shares plunge nearly 33% despite $30 billion support

The actions of the First Republic Bank they plunged almost 33% on Friday, leaving them down more than 80% in the last 10 sessions, despite a bailout package with $30 billion in deposits injected by big US banks. The embattled lender was in talks to raise money from other banks or private equity firms by […]