First Republic shares slide 8% even after Wall Street's white knights promise a $30 billion rescue

First Republic shares slide 8% even after Wall Street's white knights promise a $30 billion rescue

Upworthy

Published

First Republic Bank. Michael Brochstein/SOPA Images/LightRocket via Getty Images First Republic stock fell in Friday's premarket trading despite a $30 billion Wall Street rescue package. The shares had rallied 10% Thursday after 11 banks led by JPMorgan stepped forward to bolster the embattled…

#firstrepublicbank #jpmorgan #firstrepublic #bankofamerica #citigroup #wellsfargo #federalreserve #siliconvalleybank #svb #fdic

Full Article