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Here We Go… First Republic Bank Plunges 66% in Pre-Market – Western Alliance Bank Down 62% – Customers Line Up in California!

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Here we go.
First Republic Bank is down 66% this morning before Monday’s open.

The Western Alliance Bancorporation is down 62%

https://twitter.com/TheInsiderPaper/status/1635258870183632896?t=9pwz2Xgpv4vBFFhByFudvA&s=19

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.

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