The banking crisis in the United States is far from over. A month after the collapse of Silicon Valley and Signature Bank. Another one, First Republic Bank, seems to be in trouble. The bank's shares sank over 20% on Monday. The drop in confidence came after the bank said its deposits plunged by over 100 billion dollars in the first three months of 2023.

First Republic Bank loses $100 billion in deposits

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First Republic Bank loses $100 billion in deposits