Failing banks invested in fintechs

Failing banks invested in fintechs

Source Node: 2011894

Signature Bank followed in Silicon Valley Bank’s footsteps Sunday when regulators overtook the spiraling financial institution. Today, First Republic Bank is drawing attention as its shares take a dive. At 2:30 p.m. ET Monday, First Republic Bank’s shares sat at $41.46, down 50% from market open. Before last week, all three banks played integral roles […]

Time Stamp:

More from Bankinnovation