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["slug"]=>
string(28) "bec04-us-first-republic-bank"
["logo"]=>
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["description"]=>
string(497) "First Republic is now part of JPMorgan Chase.
Our commitment to provide extraordinary client service has not changed. Our mission continues to be understanding your individual needs and responding with personalized solutions. Our service model is now backed by the strength and stability of JPMorgan Chase, an institution that has been a leader in financial services for more than 200 years.
Website: www.firstrepublic.com
See full social media terms and conditions at chase.com/socialterms.
"
["address_street"]=>
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["address_place"]=>
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["address_region"]=>
NULL
["founding_date"]=>
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string(61) "Bank Stocks Sink Past SVB Crisis Lows as Rates Upend Business"
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["url"]=>
string(112) "https://www.bloomberg.com/news/articles/2023-10-27/bank-stocks-sink-past-svb-crisis-lows-as-rates-upend-business"
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["title_en"]=>
string(105) "Jewelry, Watches, Art (And 2 Houses) ‘Best That Can Be Done’ To Pay Back Burned Nightingale Investors"
["snippet_en"]=>
string(102) "The plan, which needs bankruptcy court approval, also includes a proposed settlement with CrowdStreet."
["url"]=>
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string(71) "FDIC admits oversight lapses in First Republic Bank's historic collapse"
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["url"]=>
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string(185) "But the collapse of Silicon Valley Bank, Signature Bank, and First Republic Bank exposed different vulnerabilities that the Fed will probably address through new proposals, Powell said."
["url"]=>
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bec04-us-first-republic-bank
First Republic Bank
Location
Founded
Website
https://www.firstrepublic.com
Articles
1594 Articles
Category
Industrial and Commercial Machinery and Equipment, Not Elsewhere Classified
Commercial Banks, Not Elsewhere Classified
Description
First Republic is now part of JPMorgan Chase.
Our commitment to provide extraordinary client service has not changed. Our mission continues to be understanding your individual needs and responding with personalized solutions. Our service model is now backed by the strength and stability of JPMorgan Chase, an institution that has been a leader in financial services for more than 200 years.
Website: www.firstrepublic.com
See full social media terms and conditions at chase.com/socialterms.
An index of the largest US bank stocks fell below the level hit just after the collapse of First Republic Bank in May as the sector grapples with higher interest rates that have dimmed earnings prospects.
The Swedish pension fund fired its CEO and replaced its head of equities earlier this year after losing $2 billion from the collapse of Silicon Valley Bank.
The Federal Deposit Insurance Corp. acknowledges in a new report that it didn't adequately monitor First Republic Bank's uninsured deposits, interest rate risk sensitivity and rapid growth — and as a result left the bank vulnerable to contagion.
The series of US bank collapses in the first half of 2023 has cast doubt on the sufficiency of the deposit insurance administered by the FDIC. The maximum amount insured under current legislation is$ 250,000, but many accounts involved in the recent spate of failures were above this, causing some to
American industrialist and entrepreneur Henry Ford once said:“ It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” Yet as monetary crises increase and technology begins to
But the collapse of Silicon Valley Bank, Signature Bank, and First Republic Bank exposed different vulnerabilities that the Fed will probably address through new proposals, Powell said.
A key Senate panel on Wednesday advanced legislation that would help regulators claw back pay from executives responsible for bank failures.The push comes after the collapse of Silicon Valley Bank, [Signat
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