Home World News Russia US First Republic Bank Stocks Drop Nearly 50% After Losing $101 Billion...

US First Republic Bank Stocks Drop Nearly 50% After Losing $101 Billion in Deposits

US First Republic Bank Stocks Drop Nearly 50% After Losing 1 Billion in Deposits

WASHINGTON (SPUTNIK) – First Republic Bank’s stock nosedived by close to 50% after depositors withdrew more than $100 billion in the past quarter amid the Silicon Valley Bank crisis.

Sputnik News

South Africa Today – World News – Russia