FRC News and Press, FIRST REPUBLIC BANK

2023-05-08 08:18:37 ET Regional bank stocks continued surging on Monday as the recent concerns about the industry faded. The SPDR S&P Regional Banking ETF (KRE) stock jumped by more than 2% in the pre-market after it rose by over 6% on Friday. PacWest stock price leads gains ...

2023-05-03 20:33:08 ET Summary Shares of PacWest Bancorp came under significant pressure after concerns arose about the company's ability to stay afloat. The picture definitely is riskier than I believed it to be prior to new data coming out, but it is not as bad off as First Repu...

2023-05-03 14:09:32 ET Summary JPMorgan Chase & Co. has seen strong first quarter results, even as the banking sector was in turmoil. The bank has seen modest deposit inflows, despite its status as "too-big-to-fail." JPMorgan Chase & Co. now emerges as the winner for t...

2023-05-03 12:00:00 ET Summary Ensemble Capital Management, LLC is based in Burlingame, California, midway between Silicon Valley and San Francisco. The firm offers customized portfolio management and philanthropic solutions with unparalleled client service. The first quarter of 2...

2023-05-03 11:42:47 ET Recently, JPMorgan Chase (NYSE: JPM) acquired most of the assets and certain liabilities from First Republic (NYSE: FRC) , which was seized by state regulators and placed into receivership under the Federal Deposit Insurance Corp. (FDIC). There wer...

2023-05-03 09:00:00 ET Summary Just when you thought it was safe to get back in the water on the back of JPMorgan acquiring First Republic Bank, regional banks slump further amid fears of financial collapse. Where large banks may not experience the same level of risk as regional b...

2023-05-03 05:23:05 ET Regional bank stocks closed at their lowest level since 2020 on Tuesday following the collapse of First Republic Bank ( FRC ). Investors are still debating whether the sector will see broader contagion ahead of an expected U.S. rate hike later from the Federal...

2023-05-03 01:36:00 ET Summary Why there may be other small lenders set to fail. The Fed is sticking to plan and focusing on fighting inflation, and nothing else. Are niche banks bearing the brunt of interest rate hikes? JPMorgan Chase ( JPM ) has agreed ...

2023-05-02 16:58:38 ET Bank stocks got creamed today, as concerns over the banking crisis did not alleviate after JPMorgan Chase (NYSE: JPM) acquired most of the assets of First Republic (NYSE: FRC) , which regulators seized yesterday. Shares of Bank of America (NY...

2023-05-02 14:50:07 ET Summary The banking crisis seems to be coming to an end after news broke that JPMorgan Chase & Co agreed to absorb First Republic Bank. This move will be a significant loss for shareholders of First Republic Bank, but it is a boon for JPMorgan Chase and ...