The Latest Breaking News from First Republic

Efforts to reassure the public that First Republic is safe have so far been unsuccessful as bank's shares plunge.

The Dow Jones rallied even as the latest Fed meeting, led by Jerome Powell, looms. First Republic stock plunged. A Donald Trump stock surged.

Silicon Valley Bank's sudden collapse on March 10 caused a crisis of confidence that is shaking the entire banking sector.

Just weeks ago, they were bit players in the giant U.S. banking system. Now, a handful of regional lenders are at the heart of a crisis that’s shaken the country and engaged the likes of Warren Buffett and Jamie Dimon.

The Federal Reserve faces a pivotal decision on March 22, 2023: whether to continue its aggressive fight against inflation or put it on hold.

The Dow Jones rose Monday after UBS agreed to buy Credit Suisse, First Republic Bank plunged 20% on a credit rating downgrade.

Reports of a possible share sale, and a second ratings downgrade deeper into 'junk' status, has First Republic trading firmly lower Monday.

Stock futures slip lower as banking crisis spreads; Week Ahead: Fed meeting in focus as rate bets mixed; UBS buys credit Suisse for $3.3 billion, gets massive government support; First Republic shares slump after second S&P downgrade and New York Community Bancorp cuts deal to buy Signature Bank.

Deposits in the country’s banking system are stabilising, Reuters reported citing unnamed US official.