News

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 ...
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 ...
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 ...
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.
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.
Republic First Bank announced several executive changes Dec. 22, including a new CEO and president as well as a new chief financial officer.