Bank run anybody?
www.cnbc.com
Has dropped 90% value since the beginning of this year.
Nothing to see here. All is well.
![www.cnbc.com](https://image.cnbcfm.com/api/v1/image/107210590-16790527452023-03-13t163744z_1280652456_rc23tz9jj8cu_rtrmadp_0_global-banks-svb.jpeg?v=1682452625&w=1920&h=1080)
First Republic falls nearly 50% to record low after reporting massive deposit drop
The decline comes after the bank's first quarter earnings report, which showed that First Republic's deposits shrank by 40.8% during the quarter.
Has dropped 90% value since the beginning of this year.
Nothing to see here. All is well.