Mar 17, 2023
from ZeroHedge: Update (1530ET): And here is the official press release from the Big Banks, : Bank of America, Citigroup,. JPMorgan Chase, Wells Fargo, Goldman Sachs, Morgan Stanley, BNY-Mellon, PNC Bank, State Street, Truist and U.S. Bank to make uninsured deposits totaling $30 billion into First Republic Bank March 16, 2023 Action by the largest U.S. banks reflects their confidence in the country's banking system and helps ensure First Republic has the liquidity to continue serving its customers. TRUTH LIVES on at https://sgtreport.tv/ This action by America's largest banks reflects their confidence in First Republic and in banks of all sizes, and it demonstrates their overall commitment to helping banks serve their customers and communities. Regional, midsize and small banks are critical to the health and functioning of our financial system. Following the receiverships of Silicon Valley Bank and Signature Bank, there were outflows of uninsured deposits at a small number
