Banks resume slide as First Republic gets $30B in deposits. When was throwing money at a problem the answer?

Quick Take

First Republic Bank’s share price is down 50% in the past 5 days and got 11 major U.S banks to pledge $30 billion, but the stock continued to slide during today’s pre-market, down 14%.
Credit Suisse is also down 9% during pre-market.
SVB financials files for chapter 11 bankruptcy in New York
As a result, Gold increases gains by 1% to 1,936
Bitcoin extends gain approaching $27,000

First Republic Deposit: (Source: Charlie Biello)

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Source: https://cryptoslate.com/insights/banks-resume-slide-as-first-republic-bank-gets-30b-in-deposits-when-was-throwing-money-at-a-problem-the-answer/