First Republic says everything is fine. Why the stock market is worried.
Bank of the First Republic
worked overtime on Sunday to reassure customers about the safety of their business after the collapse of Silicon Valley Bank last week sparked fears of contagion in the banking industry.
First Republic executives issued a statement early Sunday evening highlighting the “continued strength” of its capital, liquidity and operations. But that was not all.
https://www.barrons.com/articles/first-republic-everything-fine-why-market-worried-2e2f1394?siteid=yhoof2&yptr=yahoo First Republic says everything is fine. Why the stock market is worried.