Banking Turmoil | First Republic shares tumbled

Name: Banking Turmoil | First Republic shares tumbled
Uploaded: 2023-03-21
Description: First Republic shares tumble as much as 50% amid fears of a second rescue, despite $30 billion infusion from large U.S. banks. Talks led by JPMorgan's CEO to stabilize the lender with a possible investment. S&P Global downgraded the company deeper into junk status, citing liquidity risks.

First Republic shares tumble as much as 50% amid fears of a second rescue, despite $30 billion infusion from large U.S. banks. Talks led by JPMorgan's CEO to stabilize the lender with a possible investment. S&P Global downgraded the company deeper into junk status, citing liquidity risks.

21/03/2023 02:49 MYT

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