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Financial concerns continue to plague the stability of regional banks in the United States, following the collapse of Silicon Valley Bank.

BNN Bloomberg’s Paul Bagnell provides the latest updates on the financial uncertainty in the market.

Stocks have been experiencing a significant amount of volatility, with concerns focused on the stability of regional banks.

Bond prices are up, with bond yields down due to a flight to the safety of government bonds.

The price of gold has also risen significantly, while cryptocurrencies like Bitcoin and Ethereum surged higher, demonstrating the chaotic nature of current market circumstances.

In an effort to alleviate concerns about funding sources, 11 major U.S.

banks have combined to place $30 billion in deposits on the balance sheet of First Republic Bank for at least 120 days.

However, this bailout plan has been met with criticism from high-level hedge fund operator Bill Ackman and some analysts, who believe it is spreading risk and bad policy.

Shares of First Republic Bank surged upon the announcement but have since come down, with one Wall Street analyst cutting their price target all the way down to $5 per share.

The market remains volatile and uncertain, with the stability of regional banks in the U.S.

remaining a major concern.

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