FIRST REPUBLIC BANK ON THE VERGE OF COLLAPSING : THE BANK SAW DEPOSITS FALL BY OVER $100bn AS IT SCRAMBLES TO STABILIZE
Category : NORTH AMERICA - by JamesFirst Republic Bank’s #deposits fell by over $100bn in the first quarter and it said it was exploring options including restructuring its balance sheet, overshadowing market-beating #profit and sending its shares down 21% after the bell on Monday. READ MORE HERE!