You Searched For "first republic bank" and got 19 results
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2 mins read
First Republic Bank erases plunge and soars 28% on report of deal talks with larger banks
First Republic Bank is sitting on billions of dollars of unrealized losses in its bond portfolio, s…
Matthew Fox
2 mins read
Executives at Silicon Valley Bank and First Republic Bank sold millions of stock right before the crash
First Republic Bank's chief credit officer sold shares of the bank on March 6, just two days before…
Matthew Fox
2 mins read
Wall Street giants launch $30 billion rescue of First Republic bank to stem crisis
The Wall Street giants have agreed to deposit $30 billion into troubled First Republic in order to …
1 min read
Short sellers made $848 million betting against First Republic Bank amid the turmoil in March, making it the month's most profitable short trade
Short sellers set their sights on First Republic Bank on fears that it could collapse like SVB and …
Carla Mozée
1 min read
Rupee reverses 4-day losing streak, rises 18 paise to 82.58/USD
The rupee reversed its four-day losing streak and rose 18 paise to 82.58 (provisional) against the …
PTI
2 mins read
First Republic Bank shares tank 43% after report says the struggling lender is likely to be taken over by the government
The California bank, which saw deposits drop by $100 billion in the first quarter, is likely to be …
Carla Mozée
3 mins read
JPMorgan is buying First Republic Bank after it was taken over by regulators
The takeover follows weeks of wrangling by First Republic and its investment banks for a solution t…
Kaja Whitehouse
1 min read
First Republic Bank, which was downgraded to junk by S&P and Fitch, is looking at a possible sale: Bloomberg
First Republic has not made a decision but it is expected to attract interest from larger lenders i…
Huileng Tan
2 mins read
Jamie Dimon is vying to take control of First Republic Bank, report says, after JPMorgan steered clear of SVB
JPMorgan is leading the charge to buy First Republic as it prepares to enter receivership, per The …
Ryan Hogg
1 min read
First Republic shares slide 25% even after Wall Street's white knights promise a $30 billion rescue
Shares in embattled First Republic Bank slid 25% early Friday despite a $30 billion lifeline from 1…
Karen Friar
2 mins read
First Republic Bank downgraded to junk by S&P and Fitch on risk of clients pulling deposits in the wake of SVB failure
First Republic faces an "elevated" risk of depositors running to reclaim their cash in the wake of …
Carla Mozée
1 min read
Embattled First Republic bank says it will slash jobs as it explores strategic options
First Republic's stock plummeted Monday after it said deposits plunged by over $100 billion during …
Kaja Whitehouse
2 mins read
First Republic Bank turmoil pushes stock to plunge 95% this year as the lender seeks another lifeline from big US banks
Advisors to First Republic were set to seek more financial help from its larger rivals, CNBC report…
Carla Mozée
2 mins read
First Republic bolsters liquidity after wild weekend of bank failures
First Republic said in a filing it's getting additional funding from the Fed and JPMorgan and that …
Huileng Tan
1 min read
WALL STREET RESCUE: A group of banks led by JPMorgan and Bank of America are set to pile $30 billion into First Republic Bank
First Republic will get a total of $30 billion from Wall Street giants, including $5 billion each f…
Carla Mozée
2 mins read
JPMorgan lays off 15% of First Republic employees, or about 1,000 workers
About 85% of First Republic's roughly 7,000 employees have been given full-time or transitional rol…
Emmalyse Brownstein
2 mins read
Mohamed El-Erian warns of 'collateral damage' from the JPMorgan-First Republic deal, and points to 4 unintended consequences
Mohamed El-Erian has warned of further "potential collateral damages" from the failure of First Rep…
Zinya Salfiti
2 mins read
First Republic Bank's stock craters 75% after it taps backstop billions to shore up liquidity
First Republic has said it's getting $70 billion in funding from JPMorgan and the Fed's backstop fo…
Zinya Salfiti
2 mins read
First Republic's takeover worsens the 'too big to fail' bank problem, and taxpayers will be on the hook, Elizabeth Warren says
Warren, who sits on the Senate Banking Committee, said in a tweet that "ultimately taxpayers will b…