Por: MarketWatch Business March 17, 2023
(FRC), which closed 10% higher Thursday, pointed 18% lower to $27.99 ahead of the open Friday, while (PACW) slipped 5%. First Republic also suspended its dividend after hours, adding pressure to the shares. The consortium of 11 banks also includes (WFC), (GS), (MS), (BK), (PNC), State Street, (TFC), and (USB). The move reflects their “confidence in the country’s banking system,” the banks said in a joint statement. “America’s largest... + full article
Time USA Nation May 02, 2023
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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WPLG Local 10 USA Politics March 17, 2023
SAN FRANCISCO – Eleven of the biggest U.S. banks Thursday announced a $30 billion rescue package for First Republic Bank in an effort to prevent it from becoming the third to fail in less than a week and head off a broader banking crisis. San Francisco-based First Republic... + más
Big banks create $30B rescue package for First Republic | Associated Press
Big banks save First Republic with $30B rescue plan | New York Post
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