Citi says First Republic Bank (FRC) selloff an 'overreaction' to SVB problems

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Go back to Citi says First Republic Bank (FRC) selloff an 'overreaction' to SVB problems

BofA Discontinues Coverage on First Republic Bank (FRC)

March 13, 2023 7:59 AM EDT

BofA Discontinues Coverage on First Republic Bank (NYSE: FRC)

... More

First Republic Bank (FRC) sinks 60% despite moves to strengthen liquidity

March 13, 2023 6:24 AM EDT

First Republic Bank (NYSE: FRC) shares fall 59% on worries uninsured depositors can flee the bank, despite actions by the Fed, Treasury, and FDIC to backstop uninsured depositors at SVB and Signature Bank.

The downside comes despite news the FRC further enhanced and diversified... More