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First Republic Bank stock tumbles on credit downgrade and deposit worriesFirst Republic Bank's credit rating was downgraded on Wednesday by both Fitch Ratings and S&P Global Ratings on concerns that depositors could pull their cash despite the federal intervention.
Source: KPIXtv - 🏆 443. / 53 Read more »
Stocks making the biggest moves midday: Credit Suisse, First Republic Bank, Halliburton and moreThese are the stocks posting the largest moves in midday trading. western financiers' favorite food: sXit.....eat on
Source: CNBC - 🏆 12. / 72 Read more »
First Republic Bank credit rating cut to junk at S&P and FitchFirst Republic Bank downgraded to junk by S&P and Fitch on risk of clients pulling deposits in the wake of SVB failure Lol Biden’s doing a great job.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Credit Suisse, Citi and more bank stocks tumble amid Silicon Valley Bank turmoilBank stocks in the U.S. and Europe are tumbling as the global financial system continues to reckon with the Silicon Valley Bank collapse—the largest bank failure since 2008. Chaos and fear have set in It used to be that keeping money in a bank was not a risk but under Biden that has all changed. Don't forgot CreditSuisse which is happening right now.
Source: ABC - 🏆 471. / 51 Read more »
Major European bank tells Credit Suisse to seek urgent central bank liquidity backstop - sourceA major European bank has held talks with Credit Suisse, urging the lender to seek an urgent central bank liquidity backstop, according to a source with knowledge of the discussions. Just in time I don't understand any of this. Why bank after bank is getting bankrupt? kpps Let’s hope the shit doesn’t hit the fan again like in 2008 😱
Source: Reuters - 🏆 2. / 97 Read more »