First Republic collapse sparks regional bank shares sell-off
The crisis unraveled after the closure of Silicon Valley Bank and Signature Bank in March that led to deposit outflows from smaller lenders and fueled fears of similar liquidity crunches at peers.
FDIC representatives Luis Mayorga and Igor Fayermark speak with customers outside of the Silicon Valley Bank headquarters in Santa Clara, California, US March 13, 2023. (photo credit: REUTERS/BRITTANY HOSEA-SMALL)ByREUTERSUpdated:
