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First Republic Bank stock plunges as depositors flee

Por: Associated Press Business April 25, 2023

NEW YORK (AP) — First Republic Bank’s stock plunged Tuesday after it said depositors withdrew more than $100 billion during last month’s crisis, with fears swirling that it could be the third bank to fail after the .The San Francisco bank said late Monday that it was only able to stanch the bleeding after by depositing $30 billion in uninsured deposits. But investors remained deeply skeptical on what path forward exists for First Republic... + full article



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