As the growing banking crisis spread into a new week, the credit rating of the regional bank was downgraded deeper into junk status by S&P Global, the Guardian reported.
The agency said that the bank, which caters to wealthy clients, probably faced "high liquidity stress with substantial outflows".
US officials are studying how to temporarily expand the protection offered to banking customers by Federal Deposit Insurance Corp (FDIC) to include all deposits, going beyond the current $250,000 cap, Bloomberg reported.
Like the collapsed Silicon Valley Bank (SVB), a large proportion of First Republic's customers hold more than the $250,000 amount guaranteed by federal insurance.
この記事は The Statesman の March 22, 2023 版に掲載されています。
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この記事は The Statesman の March 22, 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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