FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “Bank Volatility Continues”
First Republic Bank (NYSE: FRC) was founded in 1985 by Jim Herbert on the belief that a truly differentiated culture devoted to exceptional client service would result in a very successful banking business.
Growth has never been the goal, however, only the outcome of taking exceptional care of our clients, communities and one another. Thank you for taking the time to read more about us.
The fallout from Silicon Valley Bank’s failure continues to mount as the market resumed its downward spiral today following Tuesdays brief respite, with first republic bank sinking over 20%, a day after soaring 27%. though the U.S. government revealed its plan on Sunday to protect depositors at Silicon Valley Bank and Signature Bank, the 2nd and third-largest bank failures in U.S. history, there’s still great uncertainty about the banking industry, and it reaches abroad, as Credit Suisse slid 25% and Deutsche Bank over 10% in today’s session.
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