blue-shirt-guy t1_jdvt66q wrote
Reply to comment by dbdank in First Republic stock up 24% as FR deal for Silicon Valley Bank lifts banks - ONE SICK BANK BOUGHT ANOTHER SICK BANK. FDIC easy to clean both by No_Flatworm8955
Confidence that contagion can be avoided and future bank runs not as big of a threat since bank clients see positive outcome from the SVB situation. Less bank run threat is good for First Republic.
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