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https://www.barrons.com/articles/first-republic-stock-banks-rescue-9544b52e

Why First Republic’s $30 Billion Rescue Hasn’t Ended the Turmoil in Banking

By
Callum Keown and
Carleton English
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JPMorgan Chase and other big banks stepped in this week to shore up First Republic Bank to the tune of $30 billion, but their efforts have done little to restore Wall Street’s faith in regional lenders.

The SPDR S&P Regional Banking ETF (ticker: KRE) was down 4.9% in morning trading Friday, while shares of First Republic (ticker: FRC) fell 25%. PacWest Bancorp (PACW) lost 13% and Western Alliance Bancorporation (WAL) shares were off by 16%.

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