Showing posts with label first republic bank. Show all posts
Showing posts with label first republic bank. Show all posts

Friday, April 28, 2023

Banks are falling down? First Republic Bank is next?

 After Silicon Valley Bank and Credit Suisse it looks like there is still trouble in the banking sector and mass-media is reporting it.

Recently the news is Deutsche Bank will let go about 800 fresh headcounts, business could be slow? And what about First Republic Bank losing 40% of it's stock value in a heartbeat?

Shareholders are getting more and more concerned while the top banks are trying to assure everyone that they have everything under control, but do they? People are scared about the safety of their deposits, loans are accessed harder and harder and there are few eager to get into debt now.

What do you think about 2023? Will be get another Credit Suisse crash? Another Silicon Valley Bank meltdown?