Is the US banking sector going to crash?

America Bank Crisis is getting deeper. After the sinking of Silicon Valley Bank and Signature Bank, now another bank is also facing the threat of closure. In the last 5 days, the shares of American Bank, First Republic Bank have fallen by 65.61%. This decline is 70.30 percent in one month.

The rating agency Moody's has also included the name of First Republic Bank in the six American banks that have been kept under review. After the rating agency downgraded the rating of these banks, the discussions about the crash of the American banking sector have gained momentum. On Wednesday, the banking crisis deepened due to the heavy fall in Credit Suisse Share Price.

First Republic Bank claims to have sufficient cash. But, this claim has not affected the investors and they are selling the shares of the bank indiscriminately. The bank has joined hands with Fed and JP Morgan for additional cash. Earlier on Monday, Western Alliance had told that the bank has more than $ 25 billion cash available.

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