A US$30 billion lifeline for First Republic Bank hosed down market fears about an imminent banking collapse on Friday (Mar 17), but a late tumble in the troubled US lender’s shares showed investors were still worried about cracks in the sector.
A US$30 billion lifeline for First Republic Bank hosed down market fears about an imminent banking collapse on Friday (Mar 17), but a late tumble in the troubled US lender’s shares showed investors were still worried about cracks in the sector.