First Republic Bank Received $30 Billion Deposit - Coinleaks
Current Date:November 7, 2024

First Republic Bank Received $30 Billion Deposit

US-based company that stood out in the last banking crisis First Republic Bank, from 11 major banks He received a deposit of 30 billion dollars.

The banking crisis in the USA US Department of the Treasury, US Federal Reserve ( Fed) and the US Federal Deposit Insurance Corporation ( FDIC ) is carried out extensively. These three institutions of the USA, First Republic Bankfrom 11 major banks 30 billion dollarsreported that he had received a deposit.

His name is frequently mentioned in the banking crisis. First Republic Bank, with deposits from many powerful banks, focused on solving its troubled functioning.

US Banks Extend Hand to First Republic Bank

USAin the banking crisis in First Republic BankHalf his hand was extended to . USATreasury Minister Janet Yellen, FDIChead Martin GruenbergAnd Fedhead Jerome Powellmade a joint statement on the subject.

In the joint statement, 11 banks First Republic Bank It was reported that it will provide a strong deposit to . In the statement, “This show of support from a group of big banks is welcome.”it was said.

USAthe impact of the banking crisis in 30 percenta share that has lost more than First Republic Bankfrom major banks 30 billion dollarsIt started to rise again with the support of deposits.

USAAccording to media reports, First Republic BankAmong the banks that will provide deposits to JPMorgan, Citigroup, Wells Fargo, Goldman SachsAnd Morgan StanleyIt was also stated that .