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First Republic Executives Face SEC's Insider Trading Probe

The US Securities and Exchange Commission (SEC) is investigating whether First Republic Bank executives were engaged in any insider trading activities before the government seizure and sale of assets to JPMorgan Chase, Bloomberg reported citing people familiar with the matter. More Troubles for First Republic? San Francisco-headquartered First Republic was seized by the California Department of Financial Protection and Innovation early last week, and a majority of its assets, including deposits,... Read More

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Posted: May 8 2023, 04:17

Author Name: financemagnates

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