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

2023-03-20 12:49:18 ET Summary Regulators are unlikely to let another bank fail, and also they are unlikely to seize a bank based on contagion fears of a systemwide collapse. Investors should sell options to make directional bets, as implied volatility is extremely high. A buy...

2023-03-20 12:36:13 ET JPMorgan Chase ( JPM ) Chairman and CEO Jamie Dimon is spearheading talks with cheif executives of other large banks to stabilize First Republic Bank ( NYSE: FRC ), the Wall Street Journal reported, citing people familiar with the matter. Tho...

2023-03-20 12:03:08 ET Gainers: New York Community Bancorp ( NYCB ) +33%, SuRo Capital ( SSSS ) +15%, Harbor Custom Development ( HCDI ) +19%, TOP Financial ( TOP ) +13%, PacWest Bancorp ( PACW ) +12%. Losers: Credit Suisse ( CS ...

2023-03-20 11:20:31 ET Despite a more positive day for the market and the banking sector, shares of First Republic (NYSE: FRC) were trading down roughly 13.4% at 10:57 a.m. ET today after S&P Global once again downgraded the bank's credit. First Republic has struggled immens...

2023-03-20 10:24:47 ET Bank stocks have come under some pressure this month after the second- and third-largest bank failures in history came out of seemingly nowhere and spooked investors. In particular, bank stocks First Republic (NYSE: FRC) , PacWest Bancorp (NASDAQ: PACW) ...

2023-03-20 09:18:49 ET Wall Street hasn't been sure what to think about what's been happening in the banking sector. On one hand, bank failures of this size haven't happened since the financial crisis in 2008, and that was a tumultuous time full of fear about whether the global financial sy...

2023-03-20 08:23:54 ET Credit Suisse ( CS ) -58% after emergency rescue. Kuke Music Holding ( KUKE ) -21% . First Republic Bank ( FRC ) -18% as S&P downgrades again. Bed Bath & Beyond ( BBBY ) -15% holds special meeting to ...

2023-03-20 06:45:59 ET First Republic Bank ( NYSE: FRC ) is under significant pressure after the company received another credit rating downgrade. As a result, the FRC stock price tumbled by over 15% in the premarket session. This drop means that the company’s stock has plung...

2023-03-20 06:30:39 ET Summary The vast majority of investors do not know or understand how serious the current banking crisis could become. The BTFP program implemented by the US Treasury and Fed is insufficient to address the nature and magnitude of the problems facing the US ba...

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. ...