First Republic, KPMG are sued for concealing bank's risks
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First Republic Bank (FRC) exploring potential $100bn in asset sales - Bloomberg
April 25, 2023 1:33 PM EDTBloomberg reported Tuesday that sources have told them First Republic Bank (NYSE: FRC) is mulling divesting $50 billion to $100 billion of long-dated securities and mortgages as part of a larger plan to improve its financial situation.
The potential sales would help decrease the banks... More
