×

What are you searching for?




Markets

4 Min read

The stock of First Republic Bank falls roughly 60% in a week.

Published On 11 May 2023 12:58 PM


SHARE THIS ARTICLE  


Concerns about the bank's financial health in the aftermath of two other bank failures led to a continuing decline in First Republic Bank's stock price on Wednesday, which has lost 60% of its value just this week.

After the bank disclosed that depositors withdrew more than $100 billion last month as a result of the collapse of Silicon Valley Bank and Signature Bank, shares dropped nearly 30 percent.

Several times, t....


Tags : stock market, financial, Republic Bank, economy,
SHARE THIS ARTICLE  

Leave a comment 

comments (0)