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Sunday, 03/12/2023 1:37:16 PM

Sunday, March 12, 2023 1:37:16 PM

Post# of 110743
Interesting to note that they have filed this under the Entertainment section of the news. I wonder how entertained the market sentiment will be tomorrow.

First Republic says its liquidity remains 'very strong' in bid to calm nerves following Silicon Valley Bank's collapse
Ryan Hogg

Sun, March 12, 2023 at 10:00 AM EDT·4 min read
https://www.yahoo.com/entertainment/first-republic-says-liquidity-remains-140000472.html

-First Republic sought to reassure customers after its share price crashed following SVB's collapse.

-The bank said its average customer deposit amount was well below the maximum $250,000 insured limit.

-However, about 68% of the bank's deposits, or almost $120 billion, are not insured.

First Republic Bank sought to reassure customers that their deposits were safe as regional lenders scramble to dampen contagion fears sparked by the collapse of Silicon Valley Bank
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Then there is this video which has already being shown around the world from the UK to Russia with people that are entertaining different views.

https://twitter.com/UpwardNewsHQ/status/1634708020251721728?ref_src=twsrc%5Etfw">March

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