First Republic Bank (FRC) Strengthens and Diversifies Liquidity

Go back to First Republic Bank (FRC) Strengthens and Diversifies Liquidity

First Republic Bank Strengthens and Diversifies Liquidity

March 12, 2023 7:55 PM EDT

Capital and Liquidity Remain Very Strong

SAN FRANCISCO--(BUSINESS WIRE)-- First Republic Bank (NYSE: FRC), a leading private bank and wealth management company, today said it has further enhanced and diversified its financial position through access to additional liquidity from the Federal Reserve Bank and JPMorgan Chase & Co.

The additional borrowing... More