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2023

Wall Street rattled by bank sector, Dow Jones tumbles 385 points

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NEW YORK, New York - A dramatic fall in First Republic Bank' shares, despite a $30 billion lifeline extended to the bank a day earlier by U.S. bank giants, unsettled markets on Friday.

First Republic shares lost $11.21 per share or 33 percent to close Friday at $22.96.

"There's nervousness into the weekend of: How does this all look on Monday?," Keith Buchanan, senior portfolio manager at Globalt Investment















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