first republic - Unusual Whales

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first republic

A collection of 4 posts

First Republic paid dozens of employees over $10 million nearing to the collapse, with one of them earning $35 million

Per Bloomberg Recent findings revealed that before the collapse of First Republic, the firm still paid dozens of its employees over $10 million each. One of their employees, which remained unnamed, earned $35 million. First Republic was seized by regulators and sold to JPMorgan Chase & Co., and so far,

Sources say First Republic is likely headed for receivership by the FDIC

Per CNBC First Republic shares dropped yet again by almost 50% as it was halted several times due to volatility. Now, CNBC's David Faber received word from sources that the bank was likely headed for receivership by the FDIC. For this year alone, First Republic's stock

First Republic Bank is up by 56% pre-market after recently receiving additional liquidity

Per Barrons First Republic Bank was initially one of the most affected entities when Silicon Valley Bank collapsed. Instead of going silent, the bank announced that it could raise $70 billion in unused liquidity even before receiving funding from the Federal Reserve, per CNBC. As SVB collapsed, the Federal Reserve

First Republic bank is down by 77% despite receiving additional liquidity from the Feds and JPMorgan Chase

Per CNBC First Republic bank is one of the latest banks to see its stock drop by significant amounts after the collapse of Silicon Village Bank. As of press time, its shares have fallen by 77%, dropping by $62.59 to just $19.00. This came despite the First Republic