It was good news on Thursday for regional bank First Republic, which on Monday was facing serious stress in the wake of the failure of Silicon Valley Bank. A coalition of larger banks agreed to funnel $30 billion in deposits to the bank to help it shore itself and meet the demand for withdrawals.
Instant Payments: Zahlungsverkehr der Zukunft finews.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finews.ch Daily Mail and Mail on Sunday newspapers.