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First Republic Suspends Dividend on Preferred Stock
Finances

First Republic Suspends Dividend on Preferred Stock

The San Francisco bank’s shares have fallen by nearly 90% since the beginning of March. Source link

Declines in Loan Values Are Widespread Among Banks
Business

Declines in Loan Values Are Widespread Among Banks

When Silicon Valley Bank collapsed last month, the core problem was a giant hole in its bond portfolio. When depositors started fleeing First Republic Bank soon

Declines in Loan Values Are Widespread Among Banks
Finances

Declines in Loan Values Are Widespread Among Banks

When Silicon Valley Bank collapsed last month, the core problem was a giant hole in its bond portfolio. When depositors started fleeing First Republic Bank soon

Jamie Dimon on Banking Turmoil: 'This Wasn't the Finest Hour for Many Players'
Finances

Jamie Dimon on Banking Turmoil: 'This Wasn't the Finest Hour for Many Players'

The JPMorgan CEO says regulations need tweaking following the failures of Silicon Valley Bank and Signature. Source link

Freeport-McMoRan (FCX) Declares $0.08 Dividend
Stock Market

S&P 500 Movers: BBWI, FRC

In early trading on Wednesday, shares of First Republic Bank topped the list of the day’s best performing components of the S&P 500 index, trading

To Some Investors, Banks Look Like Bargains
Finances

To Some Investors, Banks Look Like Bargains

Markets Finance Some see ‘once-in-a-decade’ buying opportunity after recent turmoil Source link

Freeport-McMoRan (FCX) Declares $0.08 Dividend
Stock Market

Notable Friday Option Activity: FRC, MRNA, SEDG

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in First Republic Bank (Symbol: FRC), where a

What’s Going On With First Republic Bank?
Finances

What’s Going On With First Republic Bank?

First Republic Bank shares have been hit hard following the failures early in March of two large U.S. regional banks, Silicon Valley Bank and Signature

First Republic Bank Founder Earned a Big Payday—as Did His Family Members
Finances

First Republic Bank Founder Earned a Big Payday—as Did His Family Members

First Republic Bank paid family members of its founder, James Herbert, millions of dollars for work at the lender in recent years, including for consulting