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First Republic, regional bank stocks rebound despite Moody’s downgrades

Por: New York Post Business March 14, 2023

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Shares of First Republic Bank and other US-based regional lenders were poised for a bounce on Tuesday despite Moody’s Investors Service announcing that it would The credit rating agency put First Republic as well as five other regional banks under review, on uninsured deposit funding and unrealized losses, Moody’s, which gauges credit ratings and provides risk assessment to investors in the capital markets, said late Monday that First... + full article



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