• 09/20/2024

First Republic Stock Plunges Again

Wall Street Journal

Shares of First Republic are reeling again after the struggling lender on Monday reported a $100 billion drop in customer deposits during last month’s banking turmoil. The stock is down about 30% in morning trading, putting it on pace for another steep drop this week.

https://www.wsj.com/articles/first-republic-stock-plunges-again-449a79c1