First Republic Bank shares slump 60% in premarket trade
First Republic Bank shares fell 60% after the weekend collapse of Signature Bank and Friday’s closure of SVB Financial, even as federal regulators stepped… Source
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First Republic Bank shares fell 60% after the weekend collapse of Signature Bank and Friday’s closure of SVB Financial, even as federal regulators stepped… Source
Credit Suisse shares on Monday reached a new record low, falling as much as 9% as investors continued to hammer away at the stock of the Swiss banking giant… Source
The U.S. 2-year bond yield has shed more than 80 basis points in three sessions as expectations for a 50 basis point rate increase by Fed in March evaporate. Source
U.S. Treasury Secretary Janet Yellen says Friday she's tracking a number of banks as Silicon Valley Bank has faced major problems. Source
U.S. stocks ended sharply lower Friday as investors parsed mixed signals from the February jobs report amid ongoing concerns about contagion in the banking… Source