FRC News and Press, FIRST REPUBLIC BANK From 03/16/23

2023-03-16 13:16:26 ET First Republic ( NYSE: FRC ) reversed course and soared 22% after a report that the nation's biggest banks are close to a deal to deposit about $30 billion as the U.S. government works to rescue the troubled lender. Banks including JPMorgan ...

2023-03-16 12:00:07 ET Gainers: Sterling Bancorp (Southfield, MI) ( SBT ) +15% . Yiren Digital ( YRD ) +14% . First Internet Bancorp ( INBK ) +7% . BGC Partners ( BGCP ) +7% . New York Mortgage Trust ( NYMT ) +7% . ...

2023-03-16 11:43:48 ET Banking crisis in the U.S. and Europe continues to weigh on the major indexes during Thursday's intraday session. In terms of individual stocks, UiPath ( NYSE: PATH ), Signet Jewelers ( NYSE: SIG ) and PagerDuty ( NYSE: PD ) g...

2023-03-16 11:16:22 ET Shares of First Republic Bank (NYSE: FRC) had plunged by more than 34% as of 10:28 a.m. ET today after the bank announced last night that it is exploring strategic options that might include a sale or further attempts to shore up liquidity. First Republic ...

2023-03-16 11:08:33 ET JPMorgan Chase ( NYSE: JPM ) and Morgan Stanley ( NYSE: MS ) and many other big banks are discussing a potential deal with First Republic Bank ( NYSE: FRC ) thereby leading to a sizable capital infusion for the troubled lender. Among...

2023-03-16 10:43:57 ET Summary Silicon Valley Bank and Signature Bank didn't collapse because of bad loans. They collapsed because of a certain form of financial mismanagement. During the speculative tech boom of 2021, deposits at venture capital-focused SVB and crypto-friendly Si...

Futures tied to the Dow Jones Industrial Average fell Thursday as regional banks slid once again on growing fears of a crisis in banking within the U.S. and Europe. Futures for the 30-stock index handed back 54 points, or 0.2%, early Thursday to 32,041. Futures for the S&P 500 sank 1....

2023-03-16 09:10:41 ET Esperion Therapeutics ESPR -58% in dustup with Daiichi Sankyo over milestone payments . LivePerson LPSN -38% on Q4 earnings release . Virgin Orbit VORB -37% on reports it's pausing operations as it seeks funding . First Republ...

2023-03-16 07:11:10 ET Listen on the go! Subscribe to Wall Street Breakfast on Apple Podcasts and Spotify Credit Suisse ( CS ) stock jumps 32% as lender secures $54B loan from Swiss National Bank. First Republic Bank ( FRC ) gains on report it's ...

2023-03-16 07:05:25 ET First Republic Bank ( NYSE: FRC ) sunk 25% in premarket trading amid a report that it's evaluating strategic options, including a potential sale. The bank, whose shares had plunged 80% in the past week in the wake of the failure of Silicon Val...