⚠️BREAKING: *FIRST REPUBLIC BANK SHARES SURGE 20% TO LEAD COMEBACK RALLY IN REGIONAL BANKS TUESDAY $FRC
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First Republic likely to weather second S&P downgrade within a week: ReportFirst Republic Bank is reportedly poised to face another downgrade by S&P Global Inc even after a group of 11 banks scrambled to stabilize it.
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S&P cuts First Republic deeper into junk, says $30 billion infusion may not solve problemsFirst Republic Bank saw its credit ratings downgraded deeper into junk status by S&P Global, which said the lender's recent $30 billion deposit infusion from 11 big banks may not solve its liquidity problems.
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First Republic Bank Looms Large for U.S. Regulators After Credit Suisse SaleAfter UBS agreed to purchase Credit Suisse, Treasury Secretary Janet Yellen and Fed Chair Jerome Powell sought to reassure investors in the U.S. where First Republic Bank has become U.S. officials’ main concern
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First Republic tumbles 25% as Credit Suisse takeover ignites banking crisis fearsFirst Republic shares tank 25% after UBS deal to buy Credit Suisse underscores risks of a banking crisis
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First Republic shares are sliding again Monday after a credit rating downgradeS&P cut its credit rating to B+ from BB+ on Sunday after first lowering it to junk status just last week.
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First Republic shares slide 18% Monday after a credit rating downgradeS&P cut its credit rating to B+ from BB+ on Sunday after first lowering it to junk status just last week.
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