BANK RUNS - First Republic Bank on Brink of Collapse as Shares Crash Despite $150 Billion Bailout - Joe Blogs

1 year ago
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First Republic Bank Credit Suisse has become the latest bank to be hit by the current Banking Crisis. The share price has fallen by 90% despite receiving almost $150 Billion Bailout from the Fed and other USA Banks over the past 10 days. Investors and Customers are highly concerned and these concerns were not allayed by the Bank announcing that despite the injection of the Bailout Funds it only has $34 Billion in Cash. This Crisis comes after the Collapse of SILICON VALLEY BANK, Signature Bank and the Liquidation of Silvergate Bank. In this video I look at the current situation for Republic Bank, discuss the implications of the recent changes in USA Banking rules, provide details of the overseas parts of the SVB business and discuss the implications for the Global Economy.

For specific details please check out the CHAPTER list below.

Chapters:
0:00 Intro
2:25 SHARE PRICE
5:24 RATING AGENCIES
11:07 RISK PROFILE
16:01 BAILOUTS
17:28 SUMMARY & CONCLUSION

Youtube source: https://www.youtube.com/watch?v=ARIKXOaFNJ4

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