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BullNBear52

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BullNBear52

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Tuesday, 03/21/2023 10:37:37 AM

Tuesday, March 21, 2023 10:37:37 AM

Post# of 316696
First Republic jumps 20%, leads comeback rally in regional banks Tuesday
PUBLISHED TUE, MAR 21 20236:56 AM EDTUPDATED 41 MIN AGO
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Jesse Pound
@JESSERPOUND
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John Melloy

KEY POINTS
The move comes after a speech from Treasury Secretary Janet Yellen was released that said the government could backstop the deposits at more banks if there was risk of contagion.
CNBC’s David Faber reported Monday that JPMorgan Chase is giving advice on alternatives to the San Francisco bank that’s drawn the attention of Wall Street for its large amount of uninsured deposits.
https://www.cnbc.com/2023/03/21/frc-jumps-more-than-20percent-leads-comeback-rally-in-regional-banks.html

The bottom fishers rush in.

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