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First Republic Stock Drags Down PacWest and Other Regional Bank Stocks

Por: MarketWatch Business April 25, 2023

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Results posted after the bell on Monday showed that the lender had to from the Federal Reserve and others to cover . While the turmoil surrounding bank stocks has mostly subsided after Silicon Valley Bank and failed, First Republic’s report threatens to shake confidence once again. The worry is that other regional banks could face similar funding problems. (NTRS) was down more than 9% in recent trading, the second-worst performer on the on... + full article



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