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Fate of First Republic Hangs in Balance as Shares Plummet Again

Por: The New York Times Business March 21, 2023

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The most imperiled bank on Wall Street, First Republic, slid closer to the precipice on Monday as its shares fell 47 percent, down nearly 90 percent since its close on March 8, the day Silicon Valley Bank’s woes incited a financial panic.The calamitous drop in First Republic’s stock price, even as shares of many of its peers steadied, highlights the fears that threaten to consume it. Until recently, the bank, based in San Francisco, boasted... + full article



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