First Republic Bank
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Bank of the First Republic of the United States: At present, all available and unused liquidity funds exceed 70 billion US dollars
It is reported that the First Republic Bank of the United States has disclosed that all available and unused liquidity funds are more than 70 billion US dollars. It is currently obtaining additional liquidity from the Federal Reserve and JPMorgan Chase to strengthen and diversify its financial situation and obtain more funds under the new Federal Reserve loan plan. At the end of last week, the Bank of the First Republic of the United States began to restrict the remittance of funds by wire transfer, and also said that it…
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CEO of Bitcoin Magazine: US FDIC may take over First Republic Bank on Monday
It is reported that according to the tweet of David Bailey, CEO of Bitcoin Magazine, forwarded by Andrew, the founder of X3, who is marked by Crypto KOL and Twitter, the Federal Deposit Insurance Corporation (FDIC) of the United States may take over First Republic Bank on March 13 (next Monday). If it is true, it will be the third cryptofriendly bank facing difficulties in the near future. Interpretation of this information: The message reports that the Federal Deposit Insurance Corporation (FDIC) of the United States may take over First…
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First Republic Bank: The company’s liquidity situation is still very strong
It is reported that the First Republic Bank: (company) liquidity situation is still very strong. The deposit base is strong and very diversified, and technology-related deposits account for 4% of the total deposits. Interpretation of this information: The message is reporting that the liquidity situation of First Republic Bank is still strong. This indicates that the bank is in a good financial position and has enough cash reserves to meet its obligations. A strong deposit base is a key factor in the liquidity of a bank, and in this case,…