⚠️🇺🇸#banks #us #default #macro
US - Bank failures in each year by total assets

❗️RTRS: US weighs new fund to backstop deposits if more banks fail after SVB bankruptcy #bailout

❗️🇺🇸#banks #us #bailout
US government is trying to orchestrate a rescue of First Republic Bank (#FRC) — BBG

❗️🇺🇸#FRC #banks #us #bailout
new bankruptcy rescue of a major American bank is on the way

U.S. officials lead urgent rescue talks for First Republic - sources

White House: deposits at regional banks have stabilized and the Biden administration can use the same tools it used in recent weeks to address financial stress if needed