Stocks soar after First Republic gets $30 billion injection

Stocks soar after First Republic gets $30 billion injection

Yahoo! Finance Daily
3 min
Mar 17, 2023
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About the episode

U.S. stocks rallied on Thursday after a consortium of 11 of the biggest U.S. banks banded together to inject $30 billion in capital into troubled bank First Republic (FRC) as the sector works to stave off a broader financial crisis in the wake of multiple bank failures since last Wednesday.