First Republic Bank

As JPMorgan Scoops Up First Republic, Are Banks Facing Their ‘Minsky Moment’?
As JPMorgan Scoops Up First Republic, Are Banks Facing Their ‘Minsky Moment’?
May 02, 2023  |  Banking

Way back in 1986, the pop band The Bangles had their pulse on what was to come in the banking sector 37 years later.   It...

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Q2 Holdings Discloses That First Republic Was a Customer
Q2 Holdings Discloses That First Republic Was a Customer
May 01, 2023  |  Banking

Q2 Holdings has disclosed that First Republic Bank was one of its customers. First Republic Bank — which was seized by the Federal Deposit Insurance...

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McHenry Questions FDIC’s Response to Banking Failures
McHenry Questions FDIC’s Response to Banking Failures
May 01, 2023  |  Regulation

A leading House Republican is questioning the federal government’s response to First Republic Bank’s collapse. In a statement issued Monday (May 1), House Financial Services...

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First Republic Bank Shares Rise in Pre-Market Trading
First Republic Bank Shares Rise in Pre-Market Trading
April 28, 2023  |  Stock Index

Investor confidence in First Republic Bank has reportedly picked up. The bank’s stock rose as much as 14% in pre-market trading in New York after...

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First Republic in Danger of FDIC Downgrade: Report
First Republic in Danger of FDIC Downgrade: Report
April 27, 2023  |  Banking

Federal regulators are reportedly considering lowering their private assessments of the struggling First Republic Bank. That’s according to a report Wednesday (April 26) by Bloomberg...

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Report: First Republic Could Seek a Rescue From the FDIC
Report: First Republic Could Seek a Rescue From the FDIC
April 26, 2023  |  News

First Republic Bank is reportedly considering asking the government to take over its operation. According to a Tuesday (April 25) Financial Times (FT) report, that’s...

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First Republic Bank Reportedly Considering Selling Long-Dated Mortgages and Securities
First Republic Bank Reportedly Considering Selling Long-Dated Mortgages and Securities
April 25, 2023  |  Banking

First Republic Bank is reportedly looking to sell assets as it works on a turnaround plan. The bank is weighing the sale of long-dated mortgages...

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First Republic Cutting Up to 25% of Workforce After ‘Unprecedented’ Deposit Outflows
First Republic Cutting Up to 25% of Workforce After ‘Unprecedented’ Deposit Outflows
April 24, 2023  |  Banking

First Republic Bank expects to reduce its workforce by as much as 25% in the second quarter. In its first earnings report since experiencing a...

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Banks That Backed First Republic Set Aside $100 Million Reserves
Banks That Backed First Republic Set Aside $100 Million Reserves
April 12, 2023  |  Banking

America’s biggest banks are reportedly setting aside cash in anticipation of first-quarter losses. The banking giants that helped shore up struggling First Republic Bank with...

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