The next victim of the crisis was First Republic Bank, whose shares actually plunged in a matter of days due to the exit of investors caused by a report of about $72 billion in deposits being withdrawn from the accounts, and the organization went bankrupt. control of the federal deposit insurance company. This was followed by a sharp decline in the value of the shares of US regional banks: PacWest – 28%, Metropolitan Bank – 20%, Western Alliance – 15%.
Investors are worried about what is going on and the forecasts are not optimistic at all.
Source: Ferra
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