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Eritrea , Thursday 16 April 2026

First Republic Bank deposits tumble more than $100 billion as it explores options

Published on: Monday 24 April 2023

First Republic Bank deposits tumble more than $100 billion as it explores options By Mehnaz Yasmin (Reuters) -First Republic Bank shares sank more than 20% after the closing bell on Monday after the lender said deposits plunged by more than $100 billion in the first quarter and it was exploring options such as restructuring its balance sheet. The deposit slump overshadowed profits that beat expectations for the beleaguered lender, which was shored up through an injection of


News source: https://www.msn.com/en-us/money/companies/first-republic-bank-deposits-tumble-more-than-dollar100-billion-as-it-explores-options/ar-AA1ahKLL

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