The English language is full of bank idioms: “You can take that to the bank,” for example. Or, “You can bank on it.” This week, a new expression entered the lexicon: “You need to get your money the hell out of the bank.” Rattled by the failures of Silicon Valley Bank and Signature Bank, shares of First Republic Bank and other mid-sized U.S. lenders cratered as investors and depositors took their money and ran. Aiming to calm markets, a group of 11 large U.S.
”; b) launched FaceGramApp, which combines all its popular apps in one place so people who spend hours posting on social media every day won’t have to waste precious time switching between services; c) announced plans to cut an additional 10,000 employees, citing the “difficult economic environment,” just months after the tech giant laid off more than 11,000 workers in November. Answer: c.Banks are going bust. Inflation is soaring. Stock markets are wobbling.
The graph for First Republic doesnt seem to match the stated stock price numbers