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Showing 1 - 8 of 8 results for "First Republic Bank"

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... companies in the technology and healthcare industries. The stunning failures of Credit Suisse, Signature Bank, First Republic Bank, and Silicon Valley Bank have left a void in the traditional banking space, with fixed income giant PIMCO weighing in on ...

JPMorgan acquires First Republic Bank

CASSANDRA BALDINI  |  TUESDAY, 2 MAY 2023
... across eight states will reopen as branches of the JPMorgan Chase Bank National Association. All depositors of First Republic Bank will also become depositors of JPMorgan and will have full access to all their deposits, the FDIC said. The failure of ...

JPMorgan among banks to bid in First Republic sale

CASSANDRA BALDINI  |  MONDAY, 1 MAY 2023
... Citizens Financial Group are said to be among those to toss their name in the ring to take over the embattled First Republic Bank. US regulators are rushing to sell First Republic and prevent yet another bank collapse after it released disastrous Q1 ...

$100bn withdrawal triggers First Republic stock plunge

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
First Republic Bank's stock price has nosedived following disastrous Q1 2023 results, marked by enormous deposit outflows and decreased revenues. First Republic's results for Q1 2023 showed a 13.4% decrease in revenues, a 19.4% decrease in net interest ...

Pension fund ousts chief over US bank losses

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... it looks to recover from large losses resulting from investments in Silicon Valley Bank, Signature Bank and First Republic Bank. Overnight, Magnus Billing was axed as chief executive with immediate effect. He has been replaced by Katarina Thorslund ...

ASX shifts slightly on Credit Suisse, First Republic

CASSANDRA BALDINI  |  FRIDAY, 17 MAR 2023
The ASX rebounded slightly this morning following the overnight bailouts of First Republic Bank and Credit Suisse, but has since remained unsteady. This mornings slight jump - 0.3% - was pretty modest, CommSec senior economist Ryan Felsman told Financial ...

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
... separate issue from the United States and Silicon Valley Bank fallout which caused US regional banks to slump. "First Republic Bank, which seems to be at the forefront of investors' minds in the US at the moment, its share price was down over 20% ...

US agencies act to prevent crisis

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2023
... International Equities LIC has about 2% of its portfolio in the bank. It said it is monitoring its 2% position in First Republic Bank, its only other US bank holding, closely.
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