×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Monday
18
May 2026
weather symbol
Athens 19°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Pressure mounts on First Republic as its stock continues to plunge

The bank’s price dropped more than 16%, after plummeting 49% Tuesday

Newsroom April 26 05:01

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

The stock of First Republic (FRC) plunged again Wednesday morning as pressure on the San Francisco lender intensified following a depositor exodus in March and new attempts to sell some of its underwater assets.

>Related articles

How a lost village could transform the global economy

Athens Stock Exchange dips on banking sector pressure but holds 2,000 points

Lagarde: The global economy has not yet felt the impact of Trump’s tariffs

The bank’s price dropped more than 16%, after plummeting 49% Tuesday, before being halted for volatility. Other regional bank stocks were up, reinforcing First Republic’s predicament. They include PacWest (PACW), which said Tuesday it gained back some deposits in April after losing billions during the first quarter. Its stock was up 15%.

First Republic is now considering a variety of alternatives to save itself without being seized by US regulators, according to media reports, from the creation of a so-called “bad bank” to divesting $50 billion to $100 billion of long-dated securities and mortgages to make an eventual capital raise easier. It said Monday that it was pursuing “strategic options” after losing more than $100 billion in deposits during last month’s banking system turmoil.

more at yahoo.com

Ask me anything

Explore related questions

#banking sector#First Republic Bank#global economy#uncertainty#volatility
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

The sister of Ireland’s president is among the Gaza activists arrested by Israel

May 18, 2026

Trump is threatening again: No concessions to Tehran – They know what will happen

May 18, 2026

Polakis: I was and will always be SYRIZA, it’s a joke to be an independent MP

May 18, 2026

Kyriakos Mitsotakis at the General Assembly of the Association of Greek Tourism Enterprises (SETE)

May 18, 2026

Taiwan excluded from the WHO Annual General Assembly at the request of China

May 18, 2026

Deviation from the EU over the non-recognition of the Pontic Genocide, says Nikitas Kaklamanis

May 18, 2026

Gradual reopening of the Strait of Hormuz with roles for Pakistan, Oman, and a “freeze” of the nuclear program: What Tehran is requesting in its revised proposal to the US

May 18, 2026

Eleni Avlonitou has left SYRIZA, heading to the Tsipras party

May 18, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα