Banking Execs at First Republic Bank Sold Millions In Stock Before Collapse

Banking Execs at First Republic Bank Sold Millions In Stock Before Collapse

Recent;y the Silicon Valley Bank which houses much of the money of silicon valley’s tech millionaires and billionaires collapsed.

With its closure it became the second largest bank collapse in American history, but recently Signature Bank and First Republic Bank also went under.

With First Republic stock dropping more than 50% in a week.

Veuer’s Tony Spitz has the details.