![]() Last week, Moody’s downgraded 11 regional banks, including U.S. “Anecdotally, we hear that the volatility with deposits is not nearly the same as what it was” immediately after Silicon Valley Bank and Signature Bank imploded in March, said Mark Hamrick, a senior economic analyst at Bankrate, a consumer-finance data provider.īut some industry experts say signs of relative stability in recent bank earnings belie other concerns, particularly for commercial lending. While analysts say the exodus of deposits from regional and midsize banks has largely stopped, the latest troubles at First Republic show that broader industry concerns haven’t dissipated. Gabriela Bhaskar / Bloomberg via Getty Images file ![]() Pedestrians walk past a First Republic Bank branch in New York, on Jan. ![]() The drop of more than 40% drop despite a $30 billion infusion from 11 rival lenders on March 16 as the government and the private sector sought to head off a broader banking crisis. ![]() First Republic, based in San Francisco, reported Monday that it lost almost $72 billion in deposits from Dec. ![]()
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