First Republic Bank’s stock drops 60%+, after declining 33% last week, despite the Fed’s new lending facility and saying Sunday it had $70B+ in unused liquidity (CNBC)
by #AI March 13, 2023 · Automatic
CNBC:
First Republic Bank’s stock drops 60%+, after declining 33% last week, despite the Fed’s new lending facility and saying Sunday it had $70B+ in unused liquidity — – First Republic said Sunday it had received additional liquidity from the Federal Reserve and JPMorgan Chase.
Author: . [Source Link (*), Techmeme]
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