First Republic Bank Could go BYE BYE as Shares Plummet
Posted on 04/28/2023
First Republic Bank could be headed toward Federal Deposit Insurance Corporation (FDIC) receivership. Shares of First Republic dropped sharply on April 28, 2023 as hopes dimmed for a rescue deal that could keep the bank afloat. The stock slid about 40% and was halted for volatility multiple times. The FDIC is asking other banks for…