Rout in Bank Stocks Deepens Despite Emergency Measures

Shares of First Republic Bank plunged Monday, leading a rout of U.S. regional banks despite efforts by U.S. regulatorsFirst Republic shares were down 64% after earlier falling as much as 78%. The bank said Sunday that it hadContinue reading your article with.

Shares of First Republic Bank plunged Monday, leading a rout of U.S. regional banks despite efforts by U.S. regulatorsFirst Republic shares were down 64% after earlier falling as much as 78%. The bank said Sunday that it hadContinue reading your article with

This crisis was caused by incompetent SVB executives investing in long-term fixed-rate assets with short-term deposits, amid rising interest rates. The federalreserve is mired in a pipe dream if they think they can ever achieve a 2 % inflation target while bailing out these…

: First Republic ATM cards are currently being rejected by other banks!

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Stock Market Today: Regional Bank Shares Tumble After Regulators Announce Silicon Valley Bank PlanRegional bank shares slid premarket and investors piled into the safety of bonds after regulators tried to limit the damage from Silicon Valley Bank's collapse creditscom creditscom creditscom
แหล่ง: WSJ - 🏆 98. / 63 อ่านเพิ่มเติม »

Bank analysts reshuffle ratings in response to seismic shifts in industryDemise of Silicon Valley Bank and Signature Bank and Monday's sharp drop in shares of First Republic Bank lead analysts to reshuffle ratings on bank stocks. Go figure... Revising targets upwards and handing out buy ratings like candy on Halloween - sh** is criminal They shouldn't of moved shit it's only adding fuel to the fire
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »