Amid the news about the bank fall in the US, shares of the Californian First Republic Bank fell by 70% in the last few sessions. To save this financial institution, large American banks decided to invest $30 billion in deposits at First Republic Bank, Reuters writes..

According to the source, high-ranking officials participated in the preparation of the deal,? US Treasury Secretary Janet Yellen, Federal Reserve Chairman Jerome Powell and JPMorgan Chase CEO James Dimon.

First Republic shares rose 10% on news of the bailout but fell 18% in OTC trading after the bank said it would suspend dividends and disclose how much emergency liquidity is needed.

Analysts say the authorities are keen to quickly deal with systemic risks, but the possibility of a banking crisis is very likely.

The following banks participated in the First Republic rescue: JPMorgan Chase \u0026 Co, Citigroup Inc (CN), Bank of America Corp, Wells Fargo \u0026 Co, Goldman Sachs and Morgan Stanley. Bank statements testify to this..

Banks in the US have requested record amounts of emergency liquidity from the Fed in recent days, affecting resources, balance sheets and reporting of the US Central Bank.

" Balance sheets are much better than in 2008, banks are better regulated. But people are concerned that the risk is real and that undermines confidence,"

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