Concerns abound as the FTSE is on course to be down in the week overall and questions swirl around strategically important banks rescuing First Republic Bank.
First Republic Bank, a regional lender, was among those to have seen its share price collapse this weekA tumultuous week in the markets ended on an uncertain note - suggesting fears remain after large losses from the collapse of Silicon Valley Bank.
It followed the close of Asian markets, including Tokyo's Nikkei and China's Shanghai Composite, in positive territory.in an effort to end the crisis of confidence around First Republic, a regional US lender. Credit Suisse, Switzerland's second-largest bank, has now been hit by a US investors lawsuit, over accusations the bank concealed its troubles.in its financial reporting processes for 2021 and 2022.
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