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Post# of 729903
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ReikoBlack

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ReikoBlack

Re: UpTickMeA$AP post# 706441

Thursday, 03/16/2023 7:50:37 PM

Thursday, March 16, 2023 7:50:37 PM

Post# of 729903
If so, here's the breakdown for that.

Bank of America, Citigroup, JPMorgan Chase and Wells Fargo announced today they are each making a $5 billion uninsured deposit into First Republic Bank.

Goldman Sachs and Morgan Stanley are each making an uninsured deposit of $2.5 billion.

BNY-Mellon, PNC Bank, State Street, Truist and U.S. Bank are each making an uninsured deposit of $1 billion, for a total deposit from the eleven banks of $30 billion.
https://www.zerohedge.com/markets/first-republic-bank-shares-crash-exploring-strategic-options

Are you confusing this $30B for the First republic bail?

https://www.wsj.com/articles/jpmorgan-morgan-stanley-and-others-in-talks-to-bolster-first-republic-4f9eeb76
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