In search of a safe haven in times of turbulence: Effects of First Republic Bank failure on global asset markets

The failure of First Republic Bank (FRB) – the largest bankruptcy in the US banking system since the GFC – may send chilling effects through different asset markets in the US and even worldwide. This paper aims to clarify the effects of FRB failure on several assets and figure out potential safe hav...

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Bibliographic Details
Main Authors: Haitham Nobanee, Philip Anthony Hamill, Wajahat Azmi, Dipanwita Chakraborty, Xuan-Hoa Nghiem
Format: Article
Language:English
Published: Elsevier 2023-10-01
Series:Heliyon
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2405844023076077