March 20 Reuters Shares of First Republic Bank slumped 13.1 on Monday, after a report the regional bank could raise more money fanned worries about its liquidity despite a 30 billion rescue last week.

SP Global downgraded the bank deeper into junk status on Sunday and said the recent cash infusion from 11 large U.S. banks may not solve its liquidity problems.

Shares of some of the big banks involved in the unprecedented support rose, reversing premarket losses. JPMorgan Chase Co, Citigroup Inc, Bank of America Corp were up between 1 and 2.5.

Global bank stocks and bonds also came under pressure after UBS Group sealed a statebacked takeover of troubled peer Credit Suisse Group AG. The deal involved a hit to some Credit Suisse bondholders.

Even though First Republic Bank says that they have the financial backing to survive, investors are concerned that they too will have to be taken over, said Jason Pride, chief investment officer of private wealth at Glenmede.

San Franciscobased First Republic is in talks to raise capital from other banks or private equity firms by issuing new shares and could also negotiate a deal to be sold, the New York Times reported late on Friday.

On Sunday, Reuters reported that the lender was still trying to put together a capital raise but that no deal was imminent.

First Republic39;s shares have lost 80 of their value over the past seven sessions on fears of a bank run as a large proportion of the lender39;s deposits are uninsured….

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