First Republic bank, which came under intense pressure following the collapse of the Silicon Valley Bank last month, saw as much as $100 billion withdrawn in about two weeks.
“As of March 9, 2023, total deposits were $173.5 billion”, the Bank said in a statement. “Total deposits were $102.7 billion as of April 2021.”
Gain access.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoAiStream. Web3 Data Intelligence. Knowledge Amplified. Access Here.
- Minting the Future w Adryenn Ashley. Access Here.
- Source: https://www.trustnodes.com/2023/04/25/first-republic-plunges-26-100-billion-withdrawn-in-march
More from TrustNodes
80 Central Banks Looking at Digital Currencies Says Lagarde
Source Node: 972230
Time Stamp: Jul 11, 2021
Dutch Bureaucracy Raises Bitcoin Eyebrows as Amsterdam Vies For Financial Crown
Source Node: 922377
Time Stamp: Jun 15, 2021
