First Republic bounces back as SVB panic lessens

Shares of First Republic Bank, a financial institution in the United States that does business with startups, are rebounding today after a punishing start to the trading week. Caught in the wake of the shock collapse of erstwhile rival Silicon Valley Bank, shares of First Republic fell 62% yesterday. Investors, concerned that actions taken over […] First Republic bounces back as SVB panic lessens by Alex Wilhelm originally published on TechCrunch...