U.S. News

First Republic Bank Secures $30 Billion Deal After Execs Dumped Millions in Stock Ahead of Crisis

FISHY

The financial institution has been in turmoil since the collapse of Silicon Valley Bank and has now secured a $30 billion rescue deal with major banks.

A screen showing First Republic Bank’s stock trading information, March 13, 2023.
Brendan McDermid/Reuters

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