FACT: First Republic was the 14th-largest commercial bank in the U.S. at the end of 2022, according to the Fed, while Silicon Valley Bank and Signature Bank were the 16th and 19th-biggest, respectively:
Silicon Valley Bank Collapse | "Americans Can Have Confidence the Banking System Is Safe. Your Deposits Will Be There." - President Joe Biden (Speaking 3/13/23 - Commenting On Silicon Valley Bank, Signature Bank & First Republic Bank)
Bank Crash | Regulators Seize Signature Bank (March 12th 2013) | "The Old Systems of Trust and of Ownership Will Have to Adapt Radically." - Yuval Noah Harari | "I Expect There Be Bank Runs Beginning Monday." - Bill Ackman (Billionaire