Will First Republic Bank Survive the Storm?
Shares of First Republic Bank continued their free-fall despite a rare move by the biggest U.S. banks to pump $30 billion into the regional lender. The company's stock plunged more than 47% on Monday, while trading was halted numerous times...
Bitcoin Surges as Crisis Hits Global Banking
Bitcoin was close to nine-month highs on Monday and had its best week in four years as the global banking crisis drives some investors to turn to digital assets. The biggest cryptocurrency by market value hit its highest since June...
Big American Banks Inject $30bn into First Republic to Avert Crisis
A group of big American banks has injected $30bn into a smaller regional bank, First Republic, to avert the crisis in the sector. The move came as authorities in the US are trying to quell panic over the health of...