First Republic Bank (FRC) to Cut 20-25% Staff in Q2
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First Republic Reports First Quarter 2023 Results
April 24, 2023 4:05 PM EDTSAN FRANCISCO--(BUSINESS WIRE)-- First Republic Bank (NYSE: FRC) today announced financial results for the quarter ended March 31, 2023.
Jim Herbert, Founder and Executive Chairman, and Mike Roffler, CEO and President of First Republic said, With the stabilization of our deposit base and the strength of our credit quality and capital position, we continue to take steps to strengthen our business. We remain fully committed to serving our communities, and we are grateful for the ongoing support of our clients and colleagues.
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