Post #1241112: One reason why First Republic bank looks like its…
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One reason why First Republic bank looks like its imploding could be because it actually can't benefit from the Fed's new bailout facility. You need Treasuries and Agency MBS to tap the facility, and they barely own any.

One reason why First Republic bank looks like its imploding could be because it actually can't benefit from the Fed's new bailout facility. You need Treasuries and Agency MBS to tap the facility, and they barely own any.

Mar 12, 2023 01:34 PM |
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