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First Republic’s last chance, investing in a slowdown, and UK regulators block a major deal 4/26/23

The Exchange

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The Impact of First Republic on the Banking Industry

First republic has lost $100 billion in deposits. It's got $70 billion in extra assistance from the government that $30 billion from those banks. And so everybody knows that like, you know, it's not in like fear of like a huge run. So and everybody kind of knows where it's going to go. Maybe that's why. But I think everybody is kind of like sitting and kind of waiting it out at this point in the banking industry.

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