The First Citizens Group (FCGFH) has recently experienced significant volatility in its share prices, sparking debates among stakeholders and former government officials. Over the past months, the bank’s shares have seen a sharp decline, with former Finance Minister Colm Imbert describing the situation as ‘frightening.’ He noted a 26% drop from $42 in April to $31 in November, raising concerns about potential market manipulation. Former Prime Minister Dr. Keith Rowley also expressed alarm, suggesting that the leadership changes at FCGFH might have contributed to the decline. Despite these concerns, current Finance Minister Davendranath Tancoo remained optimistic, stating that share price fluctuations are a natural part of the market. His confidence seemed justified as FCGFH shares rebounded by 4% in late November, closing at $34. The bank’s strong financial performance, including a $1.27 billion pre-tax profit in 2024, further underscores its stability. However, investor sentiment remains a critical factor, with some attributing the volatility to the controversial departure of former CEO Karen Darbasie and subsequent board changes. While the long-term outlook remains uncertain, the recent recovery suggests that FCGFH may be regaining investor confidence.