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At Close: Jun 29, 2023
JPMorgan Cuts 1,000 First Republic Staffers
03:06pm, Thursday, 25'th May 2023
JPMorgan notified about 1,000 First Republic Bank employees that they aren't being given jobs even temporarily following its takeover of the failed lender. Hannah Levitt reports on "Bloomberg Market
JPMorgan tells 1,000 First Republic employees they'll lose their jobs - Bloomberg News
02:41pm, Thursday, 25'th May 2023
JPMorgan Chase and Co has notified about 1,000 First Republic Bank employees that they are not being given jobs, even temporarily, following its takeover of the failed lender, Bloomberg News reported
JPMorgan culling First Republic Bank's personal credit lines - The Information
01:40pm, Thursday, 25'th May 2023
JPMorgan Chase & Co has told customers with personal credit lines at First Republic Bank that it will no longer offer those when they come up for renewal, The Information reported on Thursday, citing
First Republic Bank paid some employees over $10M before collapse: report
11:59am, Thursday, 25'th May 2023
Though First Republic was widely known for offering generous rewards to staff, some potential rescuers were surprised by the compensation figures on display.
First Republic Bank paid some employees salaries of more than $10 mln before collapse - Bloomberg News
10:05am, Thursday, 25'th May 2023
First Republic Bank was paying dozens of employees more than $10 million apiece annually in the heyday before its collapse, Bloomberg News reported on Thursday, citing people familiar with the matter.
FRC LAWSUIT ALERT: Levi & Korsinsky Notifies First Republic Bank Investors of a Class Action Lawsuit and Upcoming Deadline
05:45am, Thursday, 25'th May 2023
NEW YORK , May 25, 2023 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in First Republic Bank ("First Republic" or the "Company") (NYSE: FRC) of a class action securities lawsuit. CLASS DEFI
DOJ reviewing First Republic Bank staffers' stock trades
05:58pm, Wednesday, 24'th May 2023
Yahoo Finance's Julie Hyman analyzes a report from Bloomberg that the U.S. Department of Justice is reviewing First Republic Bank staffers' stock trades.
US prosecutors probe trading by First Republic's former employees - Bloomberg Law
03:46pm, Wednesday, 24'th May 2023
U.S. prosecutors are reviewing stock trading by some of First Republic Bank's employees during the lender's recent collapse, Bloomberg Law reported on Wednesday, citing people familiar with the matter
JPMorgan ups forecast, sees $3 billon net interest income boost from First Republic deal
11:41am, Monday, 22'nd May 2023
JPMorgan Chase & Co (NYSE:JPM) has upped its annual forecast for net interest income following its acquisition of failed lender First Republic Bank (NYSE:FRC). The New York City-based banking giant s
JPMorgan raises revenue forecast amid First Republic takeover
10:55am, Monday, 22'nd May 2023
Interactive Brokers Chief Strategist Steve Sosnick joins Yahoo Finance Live anchors Julie Hyman and Brad Smith to discuss JPMorgan raising it's revenue target as a result of receiving more net interes
JPMorgan expects to earn $3 billion more in net interest income this year after its takeover of failed First Republic Bank
10:39am, Monday, 22'nd May 2023
JPMorgan raised its 2023 outlook for its net interest income from $81 billion to $84 billion. The bank cited its takeover of First Republic, but added that "sources of uncertainty remain.
JP Morgan raises net interest income guidance to $84 billion to reflect $3 billion bump from takeover of First Republic Bank
08:45am, Monday, 22'nd May 2023
JP Morgan Chase & Co. JPM, -0.23% raised its net interest income guidance on Monday by $3 billion to reflect the bump it will get from its takeover of First Republic Bank. The bank is now expecting it
JPMorgan Expects Bump in Interest Income After First Republic Takeover
08:21am, Monday, 22'nd May 2023
The bank is already seeing potential upside to its deal for the troubled lender, ahead of its investor day.
Factbox: The JPMorgan executives who will update investors on First Republic, strategy
06:31am, Monday, 22'nd May 2023
JPMorgan Chase & Co executives will update investors on its takeover of failed First Republic Bank, which has made the biggest U.S. bank even bigger.
JPMorgan forecasts NII to increase to about $84 bln after First Republic deal
06:21am, Monday, 22'nd May 2023
JPMorgan Chase & Co on Monday forecast full-year net interest income, excluding markets outlook, will increase to about $84 billion due to its acquisition of First Republic's assets.
