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CNN CNN Newsroom June 4, 2024 18:37:00

In fact, this time it was actually done at the behest of regulators in switzerland really worried. facing a crisis of confidence. this deal is getting applauded i think on wall street. u.s. markets moving solidly higher today. investors are hopeful that this means one of the weakest links in the system is getting strengthened. regional banks in the u.s., they re looking a bit more mixed. you can see the big board. dow up almost 300 points. regional banks are kind of mixed. first republic bank down 39% today alone on this, after credit ratings firms s&p and moody s cut first republic deeper into junk territory over the weekend. we did get positive news on the banking sector. a u.s. official telling cnn deposits at the small and midsized banks, they have stabilized. those big cash withdrawals out of the small banks into the big ....

U S , Wall Street , Big Board , First Republic Bank , Firms S P , Moody S Cut First Republic , Banking Sector ,