Here We Go… First Republic Bank Plunges 66% in Pre-Market – Western Alliance Bank Down 62% – Customers Line Up in California!
Here we go.
First Republic Bank is down 66% this morning before Monday’s open.
The Western Alliance Bancorporation is down 62%
On Sunday First Republic Bank announced a strengthening and diversification of their liquidity position.
Then the bank fell 66% overnight.
Bank customers were lined up in California on Sunday!
But don’t worry. Joe Biden is going to stumble through a speech at 9 AM ET to calm the financial sector.
