First Republic shares fall more than 20% despite deposit infusion, dragging down other regional banks
Published
To be sure, there were concerns that the infusion may not be enough to shore up First Republic going forward. Atlantic Equities downgraded First Republic to neutral, noting the bank may need an additional $5 billion in capital. "Management is exploring different strategic options which may include…
#firstrepublic #atlanticequities #johnheagerty #wedbush #frc