First Republic Bank is the latest financial institution to come under stress following the second- and third-largest bank failures in U.S. history. The San Francisco-based bank, which had $212 billion in assets at the end of last year, has seen its stock price plummet 87 percent over the last two weeks as large depositors pulled their funds. The bank runs that sparked the collapse of Silicon Valley Bank (SVB) and Signature Bank have investors and depositors worried that First Republic could be the next domino to fall. Here’s what to know about First Republic Bank. First Republic facing huge outflows, losses First Republic Bank’s wealthy depositors have been moving their m
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