U.S. bank stocks end with solid gains as 11 banks pledge $30 billon to First Republic

U.S. bank stocks end with solid gains as 11 banks pledge  billon to First Republic

U.S. bank stocks ended regular trading with solid gains on Thursday, as banks announced a $30 billion deposit capital infusion for First Republic Bank and as Treasury Secretary Janet Yellen cited the strength of the financial system.

The 11 banks confirmed a report from the Wall Street Journal and others about providing financial support for First Republic Bank FRC.

U.S….

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