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FRC / First Republic may not survive, even after two multibillion-dollar bailouts
FRC News
By Reuters
May 25, 2023
First Republic Bank paid some employees salaries of more than $10 mln before collapse - Bloomberg News
First Republic Bank was paying dozens of employees more than $10 million apiece annually in the heyday before its collapse, Bloomberg News reported on more_horizontal
By Yahoo Finance
May 24, 2023
DOJ reviewing First Republic Bank staffers' stock trades
Yahoo Finance's Julie Hyman analyzes a report from Bloomberg that the U.S. Department of Justice is reviewing First Republic Bank staffers' stock trad more_horizontal
By Reuters
May 24, 2023
US prosecutors probe trading by First Republic's former employees - Bloomberg Law
U.S. prosecutors are reviewing stock trading by some of First Republic Bank's employees during the lender's recent collapse, Bloomberg Law reported on more_horizontal
By New York Post
May 20, 2023
NYC pension funds lose $2M in failed First Republic, Signature banks
City pension funds had almost $2 million invested with First Republic Bank and Signature Bank -- all of which was lost when the banks failed this year more_horizontal
By Yahoo Finance
May 17, 2023
Former First Republic CEO testifies before Congress
Yahoo Finance Live's Rachelle Akuffo reports on former SVB and former First Republic CEOs testifying before Congress to address the banking collapse o more_horizontal
By Forbes
May 17, 2023
Lawmaker Blasts First Republic Chief: You Were One Of ‘3 Worst-Run Banks' In U.S.
First Republic's former CEO Mike Roffler testified Wednesday his bank became the second-largest failed lender in American history for factors other th more_horizontal
By Reuters
May 17, 2023
Ex-First Republic CEO says regulators did not express concerns, blames contagion for bank's collapse
The former chief executive of the First Republic Bank Michael Roffler blamed contagion spread from the failures of regional banks for the bank's colla more_horizontal
By Reuters
May 15, 2023
Renaissance, Adage Capital bet on First Republic in Q1 before its collapse
Billionaire investor Jim Simons' Renaissance Technologies LLC was among the prominent funds that took positions in embattled regional bank First Repub more_horizontal