
sr20230323_Money
Divine Intelligence, etc
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First Republic Bank Receives $30 Billion in Cash After Bank Failures
11 banks deposit $30 billion in first republic banks. First republic said Thursday that it had borrowed as much as a hundred and nine billion from the Fed one night within the past week. The bank sought to stem the tide Sunday announcing a digital additional funding from the Fed and JP Morgan That gave the bank a total of $70 billion to first republic in available liquidity. Do you think billions of deposits from mid sized lenders, including first republic over the past week in the wake of the collapse of Silicon Valley bank and signature bank? It's getting ugly. This is murder.
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