Banking Turmoil Continues: First Republic's Losses Drag Down Other Regionals.
TL;DR Summary
First Republic Bank's shares fell more than 40% and are on track to close at a new low, dragging down other regional bank stocks with it. The bank's earnings report has caused another period of volatility for bank stocks.
- First Republic Stock Plummets to a New Low, Drags Down Other Regionals Barron's
- First Republic lost $72 billion in deposits amid bank turmoil Yahoo Finance
- First Republic Bank reports Q1 results: Stock sink despite topping estimates CNBC Television
- Gold and bitcoin perk up as the market senses another banking rout ForexLive
- Morning Bid: Bank angst echo Reuters.com
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