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First Republic Bank Corporation was an American bank based in Texas. Founded as the Guaranty Bank and Trust Company in 1920, [ 1 ] in 1922 it assumed the name Republic National Bank of Dallas. [ 1 ] Afterwards the bank acquired several banks and invested in others, and changed its name several times. [ 1 ]
The U.S. Justice Department and Securities and Exchange Commission (SEC) are scrutinizing stock trades and statements made by First Republic ahead of the bank's demise, according to a source with ...
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The BBVA deal gave it roughly 60 branches in California, First Republic's home state, as well as locations in Texas. It was able to claim a presence in 29 of 30 of the top metropolitan statistical ...
First Republic Bank was a commercial bank and provider of wealth management services headquartered in San Francisco, California, United States. It catered to high-net-worth individuals and operated 93 offices in 11 states, primarily in New York, California, Massachusetts, and Florida. [ 2 ]
First Republic Bank Corporation: Dallas: Texas: 1988 $32.5 billion $84 billion [9] American Savings and Loan: Stockton: California: 1988 $30.2 billion $78 billion Bank of New England: Boston: Massachusetts: 1991 $21.7 billion $49 billion [9] IndyMac: Pasadena: California: 2008 $32.0 billion $45 billion [10] MCorp: Dallas: Texas: 1989 $18.5 ...
First Republic has failed. Now what? Banks tend to fail a little bit like restaurants. The lights are on and all is well one day; then someone has arrived with a clipboard to auction off assets ...
The comments from First Republic’s ex-boss were his first since US regulators seized the San Francisco lender on May 1 and sold the bulk of its operations to JPMorgan Chase (JPM). It was the ...