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11 Big Banks Bail Out First Republic Bank With $30 Billion Bailout

by Natalia Chi March 17, 2023, 1:10 pm 521 Views

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11 big banks bail out First Republic Bank in $30 billion bailout – CBS News

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Eleven of the largest U.S. banks bailed out regional lender First Republic Bank with a $30 billion bailout after questions about the San Francisco-based bank sent stocks plummeting this week. Scott MacFarlane, Congressional Correspondent for CBS News, reports.

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Written by Natalia Chi

Chicago Popular; Chicago breaking news, weather and live video. Covering local politics, health, traffic and sports for Chicago, the suburbs and northwest Indiana.

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