It was only 6 weeks ago when the nation was briefly paralyzed with concern as we watched three banks go under, with their deposits under FDIC control. At the time, I wrote that one of the next banks to fail could be First Republic Bank. If you think that your money is safe in the bank, you may want to reconsider. And you may want to do it quickly because, just last month, we saw how rapidly the domino effect could take down one after another.
https://www.activistpost.com/2023/05/another-one-down-first-republic-bank-is-failing-fdic-likely-to-seize-deposits-today.html
It was only 6 weeks ago when the nation was briefly paralyzed with concern as we watched three banks go under, with their deposits under FDIC control. At the time, I wrote that one of the next banks to fail could be First Republic Bank. If you think that your money is safe in the bank, you may want to reconsider. And you may want to do it quickly because, just last month, we saw how rapidly the domino effect could take down one after another. https://www.activistpost.com/2023/05/another-one-down-first-republic-bank-is-failing-fdic-likely-to-seize-deposits-today.html
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Another One Down? First Republic Bank Is Failing, FDIC Likely to Seize Deposits TODAY - Activist Post
The banking and investment sector will still come out on top, regardless of the fate of First Republic and other banks. Here's how that works.
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