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First Republic Bank Halted Again On Volatility, Off Mid-day Highs At Up 4% | Old North State Wealth News
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First Republic Bank halted again on volatility, off mid-day highs at up 4%

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2 weeks ago

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First Republic Bank (FRC) halted again on volatility, off mid-day highs at up 4%

First Republic Bank (FRC) halted again on volatility with shares sharply off the lows, but also off the mid-day highs

  • last up 4.3% after being down as much as 35% earlier
  • moments ago, reports surfaced First Republic Bank is poised to get $30 billion in deposits from banks
  • CNBC said the figure is closer to $20 billion
  • WSJ said the figure is between $25-$30 billion
  • JPMorgan and Morgan Stanley are said to be involved

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