Read more
6:27 PM ยท 16 March 2023

Shares of First Republic Bank rebounds 100% from session lows ๐Ÿ“ˆ

According to sources cited by CNBC, major US banks are close to an agreement to deposit between $25 billion and $30 billion with First Republic Bank (FRC.US) as part of an effort organized by the US government.

  • The program is aimed at stabilizing the aggrieved Kalinfornia-based lender. Since today's session minimum, First Republic Bank shares have already rebounded by nearly 100%.
  • The banks include JPMorgan, Citi, Bank of America, Wells Fargo, Morgan Stanley and PNC Financial Servies, among others. First Republic conveyed that it is ready to raise deposits. 
  • Rating agency Moody's highlighted the risks posed to financial institutions managing capital by high interest rates.

The FRC rally has been halted at the SMA100 level (black line). Source: xStation5

23 April 2026, 2:50 PM

Defence sector earnings: Saab, Safran, Lockheed Martin

23 April 2026, 2:27 PM

ServiceNow plunges 13% after earnings ๐Ÿ“‰Software sell-off kick-off again?

23 April 2026, 2:20 PM

Stock of the Week - Schneider Electric: The Quiet Foundation of the AI and Global Electrification Revolution

23 April 2026, 12:07 PM

Nvidia dominates Big Tech again ๐Ÿ—ฝ What does the U.S. earnings season show?

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissรฃo de Valores Mobiliรกrios (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits