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First Republic execs reportedly dumped $12M in stock before bank chaos

Por: New York Post Business March 17, 2023

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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 nation’s to prevent First Republic’s collapse following a mass exodus of depositors this week. As of Friday, the bank’s stock has plunged nearly 80% since February. In... + full article



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