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BURGESS
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Date: 2024-08-16 Page is: DBtxt001.php txt00024560
US BANKING
FIRST REPUBLIC FAILS
FOURTH USA BANK COLLAPSES - First Republic Fails After Bank Runs & Concerns Rise Over 2023 & New GFC
Original article: https://www.youtube.com/watch?v=uiQIOq4ggcY
Peter Burgess COMMENTARY

Peter Burgess
FOURTH USA BANK COLLAPSES - First Republic Fails After Bank Runs & Concerns Rise Over 2023 & New GFC

Joe Blogs

282K subscribers ... 37,110 views ... 3.3K likes

May 1, 2023

#firstrepublic #globalfinancialcrisis #SILICONVALLEYBANK

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First Republic Bank has COLLAPSES after it lost over $100 BILLION in Customer Deposits in Q1 2023. This Run on the Assets was despite First Republic receiving almost $120 Billion Bailout from the Fed and $30 Billion from other USA Banks. In this video I look at the current situation for First Republic & Credit Suisse and discuss the possibility of seeing another Banking Crisis and more bank failures in 2023.

For specific details please check out the CHAPTER list below.

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Chapters:
  • 0:00 Intro
  • 4:14 FIRST REPUBLIC FAILURE
  • 6:46 USA BANK FAILURES
  • 12:10 SUMMARY & CONCLUSION
#firstrepublic #globalfinancialcrisis #SILICONVALLEYBANK #SILVERGATE #bankingcrisis #signaturebank #usa #GLOBALFINANCIALCRISIS #RUBLE #SWIFT #RECESSION #CHINA #USA #NATO #WW3 #WORLDWAR3


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