FIRST REPUBLIC BANK DEFAULTS

BREAKING NEWS

Buck Williams

Apr 27, 2023

∙ Paid

First Republic bank to suspend dividends on preferred stock

Reuters

April 2023

First Republic Bank branch in Midtown Manhattan in New York City

(Reuters) - First Republic Bank said in a regulatory filing on Friday that it will suspend payments of quarterly cash dividends on its preferred stock "as a measure of prudent oversight."

Last month, the bank suspend…

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