First Republic Bank shares slammed in Silicon Valley Bank fallout
The bank has been investing heavily in its wealth management group for more than a decade.
The share price of First Republic Bank, which has been investing heavily in its wealth management group for over a decade, took a tumble Monday, falling almost 63% shortly after noon and getting close to $31. On Friday, shares closed trading at $81.76.
Caught in the backdraft from the failure of
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