FRC News and Press, FIRST REPUBLIC BANK From 03/20/23

2023-03-20 06:30:00 ET Summary Why the 2 recent bank takeovers happened. Six actions to stop future takeovers from being needed. The current state of the banking industry and what happens next. Nine risks to look for in a bank investment assuming a likely recession. ...

2023-03-20 06:11:16 ET First Republic Bank ( NYSE: FRC ) is starting off this week -14% pre-market following a downgrade by S&P citing "substantial long-term challenges for the business." S&P lowered its long-term issuer credit rating on the bank to 'B+' from 'BB...

2023-03-20 02:17:48 ET Summary The banking crisis has resulted in a new slate of recommendations to deploy spare capital into suffering bank stocks. Inflation and the debt ceiling still pose massive risks to the market over the next several months. We recommend for those looki...

2023-03-19 16:00:00 ET Summary First Republic Bank has crashed and the dividend halt has put blood on the streets. The white knights have ridden to the rescue but whether the common equity can be saved is questionable. A direct investment in common shares looks to be a bad cho...

2023-03-19 15:11:31 ET First Republic Bank ( NYSE: FRC ) is expected to be downgraded by S&P Global again after the ratings firm cut the troubled lender to junk on Wednesday. S&P will downgrade First Republic's long-term issue credit rating to B+ from BB+ as earl...

2023-03-19 13:59:24 ET Moody's Investors Service downgraded all long-term ratings and assessments of First Republic Bank ( NYSE: FRC ) and may cut them further as the bank faces pressures of deposit outflows and higher-cost funding as the value of its assets decline. Last week, ...

2023-03-19 11:48:14 ET Billionaire investor Warren Buffett has been in contact with senior officials in the Biden administration in recent days regarding the regional banking crisis. There have been several conversations between Biden officials and Buffett in the past week, accordin...

2023-03-19 08:56:31 ET Summary First Republic Bank has declined enough that the stock is looking quite attractive. Despite this, and even though management has provided investors with multiple updates, there is too much opacity and uncertainty to make this a reasonable risk-to-rew...

2023-03-19 08:21:00 ET Summary The first thing we should emphasize is that the Silicon Valley Bank saga is not, as far as any of the evidence to date suggests, the tip of an iceberg of systemic risk throughout the banking system. Credit Suisse is plugged into the global financial ...

2023-03-19 04:02:05 ET Summary PacWest Bancorp experienced substantial deposit outflows following their March 10 update. In this article, we dissect the numbers for investors to assess. The bank has seemingly tapped into substantial backup liquidity capacity to curb uninsured depo...