Janet Yellen’s Comments Fail To Calm Investors As First Republic Stock Remains Volatile

By: AJ Fabino

By AJ Fabino Growing concerns about the safety of bank deposits have prompted investors to approach community and regional banks with caution. Recent events, such as the collapse of Signature Bank and SVB Financial Group’s Silicon Valley Bank have raised questions about deposit insurance, prompting U.S. Treasury Secretary Janet Yellen to testify before...