Post #1241136: Western Alliance Bancorporation plunges 75%. Firs…
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Western Alliance Bancorporation plunges 75%. First Republic Bank stock falls 65% at open. Will they get rescued too?

Western Alliance Bancorporation plunges 75%. First Republic Bank stock falls 65% at open. Will they get rescued too?

Mar 13, 2023 03:28 PM |
ricwe123
ricwe123 @ricwe123
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The US government has done all the wrong things: Print unlimited money Bail out banks Attack vs embrace bitcoin Weaponize the dollar abroad Prolong proxy wars Sow internal division within And that the bill is soon due.... UBS has agreed to buy Credit Suisse for more than $2 billion, according to the Financial Times. Credit Suisse was a $7 billion company on Friday..... UBS and the Swiss National Bank this morning.... Credit Suisse has a book value of equity of 45 billion (number of shares times book value) at a share price of 20%. UBS wanted another 80% discount… and got it. 2 billion is a 96% discount. So Credit Suisse is actually worthless. That is ins Bail-in: Swiss government will cover up to $10 billion of UBS's losses on acquisition of Credit Suisse. Credit Suisse was valued almost $100 billion some time back. Now its sold for $3 billion.... The Weakest European Banks: 1 Dead 2 Deutsche Bank 3 UBS Will Deutsche Bank be next. After all it has never fully recovered from the debacle of 2008.....

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Three other US banks are reportedly in line for bankruptcy: First Republic Bank Pacific Western ... Three other US banks are reportedly in line for bankruptcy: First Republic Bank ... @apocalypseos JUST IN Bank stocks in pre-market trade: Western Alliance Bancorporation down 62% First Republ... JUST IN Bank stocks in pre-market trade: Western Alliance Bancorporation down 6... @theinsiderpaper Billions of dollars from Western Alliance Bancorporation, First Republic Bank, Schwab, etc are al... Billions of dollars from Western Alliance Bancorporation, First Republic Bank, Sc... @notkopsh U.S. regional banks, First Republic and PacWest plunge as Silicon Valley Bank #SVB collapse fallo... U.S. regional banks, First Republic and PacWest plunge as Silicon Valley Bank #SV... @45lvnancy Western Alliance Bancorp down 84%. First Republic Bank down 74%. PacWest Bancorp down 57%. Charle... Western Alliance Bancorp down 84%. First Republic Bank down 74%. PacWest Bancorp ... @fintwit.news A look at share prices of other regional banks as California regulators close Silicon Valley Bank... A look at share prices of other regional banks as California regulators close Sil... @business

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