First Republic Bank deposits tumble more than $100 billion as it explores options
First Republic Bank deposits tumble more than $100 billion as it explores options
International Economy
25/4/2023 7:25

First Republic Bank (FRC.N) shares sank more than 20% after the closing bell on Monday as it said deposits plunged by more than $100 billion in the first quarter and it was exploring options such as restructuring its balance sheet.

Source: Reuters

Share
Follow StockWatch on Social Media
News feed
MOST POPULAR NEWS

Related news

Russia’s wartime economic woes slow railway trade with China
Russia’s wartime economic woes slow railway trade with China
23/12/2024 6:24
EM central banks ramp up currency defense as dollar surges ahead
EM central banks ramp up currency defense as dollar surges ahead
20/12/2024 6:19
Powell says future cuts would require fresh inflation progress
Powell says future cuts would require fresh inflation progress
19/12/2024 6:29
Nissan and Honda hold merger talks
Nissan and Honda hold merger talks
18/12/2024 6:26
New York real estate group sues to fight new broker fee law
New York real estate group sues to fight new broker fee law
17/12/2024 6:19
Assad dispatched $250mn of Syria’s cash to Moscow
Assad dispatched $250mn of Syria’s cash to Moscow
16/12/2024 14:56
China economy forecast to maintain growth as stimulus kicks in
China economy forecast to maintain growth as stimulus kicks in
13/12/2024 6:21
Inflation gives Fed green light for rate cut in December
Inflation gives Fed green light for rate cut in December
12/12/2024 6:19
NEWSLETTER