News

AP This week, Treasury Secretary Janet Yellen signaled similar actions could be taken to prevent more bank collapses. First Republic shares slid 15% to $13.33 on Wednesday.
First Republic Bank's failure and fire sale to JPMorgan Chase has fueled speculation about whether more banks will need to be rescued or whether the worst is over for the sector.
That tells us that something went terribly wrong with bank regulation in the past few years. And a new report published by the Federal Reserve last week shows in great detail that bank regulators ...
First Republic reported first-quarter results Monday that showed it had $173.5 billion in deposits in early March before Silicon Valley Bank failed on March 9. On April 21, it had deposits of $102 ...
Our new grading system offers a clear, data-backed signal of a financial institution’s strength. Our rating would have ...
The bank is also likely paying a market rate of 4% or 5% on the $30 billion of deposits it just received from the 11 U.S. banks, which must stay in First Republic for about four months.
The Business & Financial Times on MSN15d
Republic Bank donates to National Cardiothoracic Centre
PLC has reaffirmed its commitment to community well-being by donating GHS 50,000 to the National Cardiothoracic Centre at Korle Bu Teaching Hospital.This gesture underscores the Bank’s dedication to ...
The Business & Financial Times on MSN1d
Republic Bank inaugurates new branch in Tarkwa
Republic Bank has inaugurated its new branch in the vibrant mining hub of Tarkwa marking its third location in the Western ...
Republic First Bank announced several executive changes Dec. 22, including a new CEO and president as well as a new chief financial officer.
Republic First Bank said the $125 million capital raise led by Castle Creek is intended to support its execution of a strategic plan to drive profitability and enhance shareholder value.