What happens to First Republic Bank's stock and deposits now?
https://www.cbsnews.com/news/first-republic-bank-stock-deposits-shareholders-cbs-explains/
The California Department of Financial Protection and Innovation took over First Republic early Monday because the regulator had determinedthat the bank was conducting its business in an "unsound manner." The California regulator then appointed the Federal Deposit Insurance Corporation (FDIC) as the b…
The California Department of Financial Protection and Innovation took over First Republic early Monday because the regulator had determinedthat the bank was conducting its business in an "unsound manner." The California regulator then appointed the Federal Deposit Insurance Corporation (FDIC) as the b…
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