Billionaire Bill Ackman Questions ‘$30 Billion’ Bailout to First Republic Bank
After Silicon Valley Bank’s (SVB) collapse last week, First Republic Bank (FBR), another banking giant, saw its stock fall to an all-time low. According to a report by Forbes, the bank’s stock fell to a low of $22 on March 16, before trading halted on the New York Stock Exchange. Since then,…
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