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FRC stock price

First Republic's takeover worsens the 'too big to fail' bank problem, and taxpayers will be on the hook, Elizabeth Warren says

Mon, 05/01/2023 - 15:12

Sen. Elizabeth Warren — Sen. Elizabeth Warren.
Tom Williams/CQ-Roll Call, Inc via Getty Images

Markets, MI Exclusive, Elizabeth Warren, Senator Elizabeth Warren, first republic bank, FRC stock price, JPMorgan

First Republic Bank shares tank 43% after report says the struggling lender is likely to be taken over by the government

Fri, 04/28/2023 - 16:21

A pedestrian walks by a First Republic bank on April 26, 2023 in San Francisco, California. — First Republic stock has plummeted after Silicon Valley Bank's failure.
Justin Sullivan/Getty Images

Markets, MI Exclusive, Stocks, S&P 500, first republic bank, FRC stock price, Banking Crisis

First Republic Bank turmoil pushes stock to plunge 95% this year as the lender seeks another lifeline from big US banks

Wed, 04/26/2023 - 15:01

first republic bank — Justin Sullivan/Getty Images

Markets, MI Exclusive, first republic bank, FRC stock price, Bank stocks, Banks, Banking Crisis

Elon Musk sees 'serious risk' of another Great Depression if the Fed doesn't stem the collapse of regional banks after SVB failure

Mon, 03/20/2023 - 15:09

A picture of Elon Musk from the shoulders up. He's wearing a black t-shirt and clasping his left hand to his head with a calm expression on his face. — Elon Musk.
Adrees Latif/Reuters

Markets, MI Exclusive, Elon Musk, Regional Banks, Banking Crisis, Silicon Valley Bank, first republic bank

S&P downgrades First Republic further into junk status as the bank's $30 billion rescue may not be enough to solve liquidity problems

Mon, 03/20/2023 - 13:23

nyse svb first republic trading floor — Timothy A. Clary/AFP via Getty Images

Markets, MI Exclusive, first republic bank, S&P Global Ratings, Bank stocks, Banks, PacWest

First Republic shares slide 25% even after Wall Street's white knights promise a $30 billion rescue

Fri, 03/17/2023 - 11:41

First Republic Bank — First Republic Bank.
Michael Brochstein/SOPA Images/LightRocket via Getty Images

Markets, MI Exclusive, Stocks, Silicon Valley Bank, Silicon Valley Bank collapse, First Republic, JPMorgan

WALL STREET RESCUE: A group of banks led by JPMorgan and Bank of America are set to pile $30 billion into First Republic Bank

Thu, 03/16/2023 - 15:33

First Republic Bank — First Republic Bank branch on Park Avenue in New York City.
Michael Brochstein/SOPA Images/LightRocket via Getty Images

Markets, MI Exclusive, Silicon Valley Bank, Silicon Valley Bank collapse, First Republic, JPMorgan, Morgan Stanley

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