Home » Economy » Newsletter” First Republic Bank of the United States plunged 67% at the opening! Emergency suspension of trading|

Newsletter” First Republic Bank of the United States plunged 67% at the opening! Emergency suspension of trading|

(background supplement:The bank storm has not stopped! First Republic Bank of the United States (FRC) fell more than 70% in premarket

now(13) On the evening of the 13th, First Republic Bank of the United States (Stock Code: FRC.N) plummeted 66.88% at the opening of the U.S. stock market, and announced the suspension of trading 10 minutes later. The current price is 27.8 US dollars.

First Republic said on Sunday it had secured additional financing from the Federal Reserve and JPMorgan Chase & Co (JPM.US), boosting its undrawn liquidity to $70 billion, excluding new funds from the Fed’s rescue package. funds.

U.S. President Joe Biden promised to the public today that he will do whatever it takes to resolve the banking crisis threatened by collapse. The quick actions of relevant government regulators will convince Americans that the banking system is safe.

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