First Republic Under Stress, Now What?
The Macro Trading Floor
Introduction
It looks very likely that first Republic Bank will be taken into so-called receivership from the FDIC as of Monday. Most likely, in my own opinion, we're likely to get a so-called SBB case all over again. Some large banks posted roughly $30 billion in deposits under a month ago. And they're likely going to be saved, but we don't know us. How do you view this situation? Do you expect the situation in the mirror? What happened with Silicon Valley Bank?
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