First Republic rebounds by 25 pct. on Monday

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First Republic rebounds by 25% on Monday to lead regional bank comeback

Bloomberg News reported on Saturday that U.S. officials are considering expanding the federal programs that provide liquidity to banks, in part to help First Republic while it searches for a buyer.

CNBC reported on Saturday that the deposit inflows into large banks from the smaller regionals has slowed substantially.

Regional bank stocks have been under significant pressure this month, with regulators closing Silicon Valley Bank on March 10 and Signature Bank two days later following significant deposit outflows.

https://www.cnbc.com/2023/03/27/fir...on-monday-to-lead-regional-bank-comeback.html