Economic news
First Republic receives $30 billion in deposits from big banks
2023.03.16 15:48
© Reuters. A person walks past a First Republic Bank branch in Midtown Manhattan in New York City, New York, U.S., March 13, 2023. REUTERS/Mike Segar
(Reuters) – First Republic Bank (NYSE:) has received $30 billion in deposits from several big banks including JPMorgan Chase & Co (NYSE:), Citigroup Inc (NYSE:) and Morgan Stanley (NYSE:), the banks said in a statement on Thursday.
