Banking is a high-leverage business — volatility comes with the territory
Here's a riddle for you. Shares in First Republic Bank closed at $31.21 on Monday, and opened at $49.69 on Tuesday an overnight spike of 59%. There was no news about the bank over the course of the i… [+2430 chars]
First Republic, Western Alliance calm contagion worries from SVB ... Reuters
First Republic Bank Frankfurt-listed shares rise after rescue Reuters
US watching developments at First Republic, other banks - White ... Reuters
First Republic spoke to private equity before securing financing ... Reuters
First Republic receives $30 bln in deposits from big banks Reuters.com
First Republic Bank tumbles, drags down shares of other regional ... Reuters.com
- Financial institutions get together to generate $20 billion in support for First Republic CNBC Television
- Big banks create $30B rescue package for First Republic - Business News Castanet.net
- Glancy Prongay & Murray LLP, a Leading…
First Republic and Western Alliance shares are recovering from huge losses thanks to hopes Silicon Valley Bank's failure won't trigger a crisis.
