Por: RTTNews Business April 25, 2023
The major U.S. index futures are currently pointing to a lower open on Tuesday, with stocks likely to move to the downside after ending the previous session narrowly mixed.Negative sentiment may be generated in reaction to quarterly results from First Republic (FRC), with the regional bank plunging by 21.4 percent in pre-market trading.The steep drop by First Republic comes after the company reported a loss of more than $100 billion in deposits... + full article
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First Republic Bank has become the second large regional bank with assets over $200 billion to fail in just a few weeks. Like Silicon Valley Bank, which was seized by the government on March 10, First Republic catered to a wealthy clientele, which helped it grow deposits rapidly... + más
Republic First shares tank, traders confuse bank for plagued First Republic | New York Post
First Republic shares continue to slide despite $30B cash infusion | Fox Business
ABC News USA Business May 01, 2023
First Republic gets $30 billion in deposits from 11 major U.S. banks, but stock resumes slide as it suspends dividend | MarketWatch
Associated Press USA Business May 01, 2023
First Republic Bank has become the second large regional bank with assets over $200 billion in just a few weeks. Like Silicon Valley Bank, which on March 10, First Republic catered to a wealthy clientele, which helped it grow deposits rapidly but may have also contributed to its... + más
New York Post USA Business March 31, 2023
Investors have been mistakenly dumping their stakes in Republic First Bancorp this month – all because they confused it with the troubled lender First Republic. Shares of Pennsylvania-based Republic First have plunged more than 30% since the start of the month as fears of a... + más
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Forbes USA Business March 21, 2023
Topline First Republic shares crashed to their lowest price ever after the San Francisco-based bank’s stock slid yet again Monday, as reports of a possible sale or capital raise First Republic’s already sinking market value may soon go the way of its worse-off peers and... + más
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New York Post USA Business March 17, 2023
Top executives at embattled lender First Republic Bank reaped a combined haul of nearly $12 million by dumping stock just before chaos unfolded in the banking sector – including sales that occurred as recently as this month. The stock sales are drawing scrutiny as the... + más
First Republic Shares Crater To All-Time Low As Bank Reportedly Taps JPMorgan To Explore Possible Sale | Forbes
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