First Republic Bank cut to junk status by S&P - Los Angeles Times
First Republic Bank is cut to junk by S&P Global Ratings and Fitch amid concern that clients will pull holdings, after regulators pledged bank support.
Source: latimes.com
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First Republic cut to junk by S&P on deposit outflow risk
Shares of First Republic slumped by as much as 26% Wednesday, with other regional banks also lower in another volatile day of trading.
Source: americanbanker.com
First Republic Bank cut to junk by S&P on deposit outflow risk
First Republic Bank was cut to junk by S&P Global Ratings amid concern that clients pull holdings from the lender, a move that comes after US regulators pledged support for the banking sector.
Source: livemint.com