The Latest Breaking News from First Republic Bank

Treasury Secretary Janet Yellen's words comforted investors about the banking system. Olive Garden parent company breaks out of a base.

The recent collapse of Silicon Valley Bank (SVB) – the failure of the biggest US lender since the 2008 global financial crisis – has created waves across the global banking system. The subsequent collapse of another US institution, Signature Bank, the US$30 billion (£24.5 billion) lifeline given to First Republic…

Efforts to reassure the public that First Republic is safe have so far been unsuccessful as bank's shares plunge.

The pressure is increasing on the Californian bank, which continues to repeat that it has enough liquidity.

New York (AFP) - US and European stock markets rose, but bank shares wavered in volatile trading Monday, after financial authorities scrambled to ease fears of a crisis in the banking system.

Billionaire investor Bill Ackman said Friday that Bank of America will buy Signature Bank on Monday as other banks face peril

Silicon Valley Bank's sudden collapse on March 10 caused a crisis of confidence that is shaking the entire banking sector.

Paris (AFP) - After three US regional lenders collapsed and UBS swooped to buyout troubled Credit Suisse to avoid a wider crisis, AFP looks back at the last two weeks of banking turbulence:

The Dow Jones rose Monday after UBS agreed to buy Credit Suisse, First Republic Bank plunged 20% on a credit rating downgrade.