first republic bank - Unusual Whales

Sign in Subscribe

first republic bank

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,

first republic bank

First Republic Bank shares hit a record low as the US government said it was unwilling to rescue

Per Reuters US government officials said they were unwilling to rescue First Republic Bank, which resulted in the bank's shares tumbling. On Tuesday, the company's shares fell by 25% to $6.05 after losing half its value. Per CNBC, First Republic Bank shares dropped by more

first republic bank

List of banks that rescued First Republic Bank by sending $30 billion

Per WSJ The Wall Street Journal released the list of eleven banks that reportedly rescued First Republic Bank by sending a total of $30 billion in cash to help stop the panic from spreading. Here are the names of the banks and how much they reportedly gave to First Republic

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