shareholders

According to reports, First Republic Bank (FRC. N) fell nearly 15%. Sources say that the US government is currently unwilling to intervene with First Republic Bank.
First Republic

According to reports, according to the Financial Times, UBS has proposed to acquire Credit Suisse for up to $1 billion. The Swiss authorities are planning to amend the country’s laws to bypass shareholder votes on the deal, as they are eager to finalize the deal by Monday. Four people familiar with the matter said that an all stock transaction between Switzerland’s two largest banks would be signed as early as Sunday night, and the transaction price would be only a small portion of Credit Suisse’s closing price on Friday, which would almost cost Credit Suisse’s shareholders nothing. People familiar with the matter said that on Sunday morning, the two sides had a communication on the acquisition offer. UBS proposed to purchase the shares of Credit Suisse at a price of 0.25 Swiss francs per share, which was far lower than the closing price of 1.86 Swiss francs last Friday. People familiar with the matter added that UBS also insisted on…

It is reported that Silicon Valley Bank was accused by shareholders of mismanagement, which led to the bank’s failure. This may be the first time that the bank has received a securities fraud lawsuit initiated by shareholders. Last Friday, the bank closed and went into bankruptcy proceedings, which caused great repercussions in the entrepreneurial community and deepened the uncertainty of the financial industry. In this lawsuit, Greg Becker, CEO of Silicon Valley Bank, and Daniel Beck, CFO, were listed as defendants. Silicon Valley Bank received the first fraud lawsuit from shareholders, and the CEO and CFO became defendants Analysis based on this information:The news of Silicon Valley Bank’s failure and subsequent bankruptcy proceedings has sent shockwaves across the business community. It has led to a securities fraud lawsuit initiated by shareholders accusing the bank of mismanagement, marking the first time such an accusation has been leveled against the bank. The lawsuit has named the CEO of Silicon Valley Bank, Greg…