Tag: Republic
First Republic Struggles to Survive as Stock Plunges 50 Percent
Denver Regional bank First Republic is battling a loss of customer and investor confidence. The stock fell 50 percent on Tuesday. Concerns about the bank’s stability have returned after poor…
Declining First Republic Bank Expected To Be Seized By The US Government: What Is Its Relation With Cryptocurrencies?
Troubled regional credit institution First Republic Bank, which is struggling to raise capital and sell assets, is expected to be seized by the US government soon, according to sources working…
First Republic wants to lay off up to 25 percent of the workforce
Total deposits now stand at $104.5 billion and include $30 billion that 11 major US banks parked with the First Republic in mid-March. If these are added to the remaining…
First Republic plans to lay off up to 25 percent of its workforce – shares fall 21 percent in after-hours trading
new York The bank run at the First Republic Bank (FRB) from San Francisco was apparently more dramatic than initially assumed. In March, customers of the institute withdrew deposits of…
First Republic plans to lay off up to 25 percent of its workforce – shares fall 21 percent in after-hours trading
new York The US regional bank First Republic announced on Monday evening that it intends to lay off 20 to 25 percent of its workforce in the current quarter. In…
Special cars for the 100th anniversary of the Republic!
Turkish Automobile Factory Joint Stock Company Tofaş celebrates the 100th anniversary of the republic. Tofaş will use logos signed “100th Anniversary of the Republic” on Egea, Fiorino and Doblo model…
UBS apparently wants to stop the spin-off of investment bank CSFB – Several options are conceivable for First Republic Bank
USA could apparently guarantee further deposits The US government is apparently considering guaranteeing further deposits from its bank customers if necessary. Several US media outlets, including the Financial Times, quoted…
Wall Street closes with gains – First Republic up nearly 30 percent
Frankfort, New York US investors have initially put worries about the banking system behind them after the emergency takeover of the Swiss company Credit Suisse. The Dow Jones index of…
First Republic Bank loses over 40 percent – Dow Jones closes in positive territory
Denver, New York After the emergency takeover of the ailing Credit Suisse, investors on Wall Street breathed a sigh of relief at the start of the week. The Dow Jones…
First Republic Bank loses over 40 percent – Dow Jones closes in positive territory
Denver, New York On Wall Street, investors breathed a sigh of relief at the start of the week after the emergency takeover of the ailing Credit Suisse. The Dow Jones…
First Republic Bank loses over 40 percent as markets stabilize
Denver, New York On Wall Street, investors breathed a sigh of relief at the start of trading after the emergency takeover of the ailing Credit Suisse. The Dow Jones index…
First Republic Bank plans to raise capital with share issue – Pacific Western Bank loses deposits
Economy: Are not in a similar situation to 2008 Despite the problems surrounding the Silicon Valley Bank and Credit Suisse, Veronika Grimm does not expect a financial crisis 2.0. “I…
First Republic Bank plans to raise capital with share issue
Economy: Are not in a similar situation to 2008 Despite the problems surrounding the Silicon Valley Bank and Credit Suisse, Veronika Grimm does not expect a financial crisis 2.0. “I…
Big US banks are helping the ailing First Republic Bank
Traders on the New York Stock Exchange First Republic Bank stock fell more than 30 percent on Wednesday. (Photo: Reuters) new York The big US institutions support the ailing First…
First Republic Bank: Major US banks are apparently considering a takeover deal
Traders on the New York Stock Exchange First Republic Bank stock fell more than 30 percent on Wednesday. (Photo: Reuters) new York The fear of further bank failures has not…
Big US banks are considering a deal with ailing First Republic Bank
Association: Treasurers must not underestimate the situation The Association of German Treasurers (VDT) warns those responsible for finance in companies not to underestimate the current situation. Even if they are…
Military Pavel celebrates a clear victory and becomes President of the Czech Republic
Petr Pavel, newly elected President of the Czech Republic So far, little is known about the political line of the military. (Photo: dpa) Vienna The Czech Republic has made a…
Ex-General Pavel wins presidential election in Czech Republic
Petr Pavel will take office as Czech President at the beginning of March. Observers expect a calmer style of politics than under the incumbent President Milos Zeman. (Photo: AP) Prague…
Trade Republic: Two percent interest on call money
Trade Republic The company offers its customers interest on call money. (Photo: dpa) Frankfurt Two percent interest per year on the customer’s money balance: With this offer, Trade Republic is…
Trade Republic courts new customers with interest on call money
Trade Republic The company offers its customers interest on call money. (Photo: dpa) Frankfurt Trade Republic is launching a new offer: as the first German neo-broker, the company is now…