![]() Their energetic cover of Nirvana’s “Smells like Teen Spirit”, newly arranged with rapping and DJ mix, got the audience literally hopping. The 5-man band, which featured 4 musicians and a DJ dressed in funky wolf masks, started with a blast. On the indoor stage, the concert started at 17.00, with HIVI band as the starting performer.Īfter a short break for Maghrib or Dusk prayers, Jessia performed her hit, “I’m Not Pretty”, on the outdoor stage, while Japanese band Man with a Mission restarted the indoor performance. After, Marion Jola appeared to an enthusiastic audience, who sang along despite a pouring rain. The concert proper started at 16.00 on the outdoor stage, with Kunto Aji as the first performer. The fun festival featured extras such as games booth, a food village, and both indoor and outdoor concert stages. It featured both international artists One Republic, Dean Lewis, Tina She, Man with a Mission, Jessia, and Indonesian artists Padi Reborn, Kunto Aji, Marion Jola, and HIVI in its lineup. Jakarta, IO – CK STAR Entertainment successfully a held Woke UP Fest, a music special festival on Saturday, 25 February 2023, at the Senayan Sports Complex, Gelora Bung Karno, Jakarta. The Fed also underscored its overall support for the banking sector, saying: “As always, the Federal Reserve stands ready to provide liquidity through the discount window to all eligible institutions.One Republic’s special appearance in Woke UP Fest 2023, Saturday, 25 February 2023, at the Senayan Sports Complex, Gelora Bung Karno, Jakarta. The rescue plan executed for First Republic averts an outright takeover of the bank by a larger institution, which would have run counter to a broad White House push against excessive concentration in other US sectors. And the financial bloodletting continued with the subsequent collapse of New York-based Signature Bank at the weekend.įirst Republic was one of the banks that had been under more stress amid worries of another run on a regional bank, and a significant shift in deposits to larger banks. It was the second-largest banking collapse in US history after the 2008 failure of Washington Mutual. Washington has been scrambling to prevent a financial crisis following the rapid collapse of Silicon Valley Bank late last week after it experienced a traditional bank run, where depositors rushed to withdraw their funds all at once. “This show of support by a group of large banks is most welcome, and demonstrates the resilience of the banking system,” they said in a joint statement. The deposits were welcomed by the heads of the US Department of the Treasury, Federal Reserve, Federal Deposit Insurance Corporation and Comptroller of the Currency. Shares of First Republic pared earlier losses to trade higher on Wall Street on Thursday, following reports it could receive the infusion of funds from some of the country’s most prominent financial institutions. “Together, we are deploying our financial strength and liquidity into the larger system, where it is needed the most,” the banks said. The largest banks in the United States have moved to shore up First Republic Bank in an effort to ease fears that the regional lender could be the next domino to fall after the second-largest banking collapse in US history.Ī group of 11 private US banks, including Bank of America, Citigroup and JPMorgan Chase, announced on Thursday that they would deposit $30bn into the crippled California-based First Republic.īank of America, Citigroup, JPMorgan Chase and Wells Fargo said they would each make a $5bn uninsured deposit, while Goldman Sachs and Morgan Stanley are each making an uninsured deposit of $2.5bn.īNY-Mellon, PNC Bank, State Street, Truist and US Bank also are each making an uninsured deposit of $1bn.
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