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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
26 Apr 2023 1 min read
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