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Banking Turmoil: First Republic's $30B Rescue, SVB Bankruptcy, White House Reaction 3/17/23

Squawk on the Street

00:00

Credit Suisse, Credit Suisse and Credit Suisse - What's Next for First Republic?

First Republic stock is looking like it's going to be down sharply yet again. The bank borrowed $109 billion from the Fed discount window at one point last week. All it really enables First Republic to do is to deliver the withdrawals that might still come.

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