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First Republic assures clients of continued strength of capital, liquidity, operations

Eamonn Sheridan
12/03/2023 | 21:06 GMT

From Friday related to the SVB turmoil:

  • First Republic is in a similar line of business to Silicon Valley Bank and -- as you can see -- its shares have also plunged.

The bank has sent an email to client Sunday afternoon, US time:

first republic email

For a rundown summary of weekend events and the latest (that a bailout/sal of SVB appears imminent) check this post out:

  • 'Risk' FX is trading higher on the chatter of a bailout &/or sale of distressed bank SVB

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