March 14, 2023 High Interest Rates, Crypto Deposits Increase Banks’ Risks, Says Moody’s By Barry Holtzclaw Moody’s downgraded the credit rating of six regional banks, including the holding company of San Jose’s Bridge Bank. Read More 2
March 13, 2023 First Republic and Western Alliance Bank Stocks Plummet, as ‘Contagion’ Looms By Barry Holtzclaw Shares of Western Alliance Bancorp (WAL) – the parent company of San Jose’s Bridge Bank – took an 84% plunge in the first 90 minutes of trading, before rebounding to $23.09 per share by 1:30 EDT. Read More 2