We try to identify the Nash equilibrium bailout for First Republic Bank.
Limited scope for regulatory forbearance as auditors come under pressure on fair value disclosures.
We estimate another $400-500 billion of despots will leave the US bank over the next year.
Nothing to see here according to the German media, as shares in the nation’s largest lend plunge.
Deposit guarantees won’t necessarily stop banks from failing. Here’s why…