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The big US banks are close to depositing 30 billion in Frb

2023-03-16T17:13:31.305Z


The big American banks are close to agreeing on a plan that provides for the deposit of 30 billion dollars with First Republic Bank, the US credit institution that is discounting a serious crisis of confidence on the part of the markets. (HANDLE)


(ANSA) - MILAN, MARCH 16 - The big American banks are close to an agreement for a plan that provides for the deposit of 30 billion dollars with First Republic Bank, the US credit institution that is suffering from a serious crisis of confidence on the part of the markets.

The Bloomberg agency reports it, emphasizing that the US government is coordinating the intervention.

Banks that have been involved include JpMorgan, Citigroup, Morgan Stanley, Wells Fargo, Bank of America, and Pnc Financial Services Group.

(HANDLE).


Source: ansa

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