https://www.cnn.com/2023/05/26/investing/premarket-stocks-trading/index.html
All in buy of FRC at $3 and change
This is the time to get in on FRC stock at $3 bucks and change. This was at $144 in early March folks. FRC is like a rock. It will go back up.
JPM buys up 1st Republic Assets
Good luck... https://seekingalpha.com/article/4598591-first-republic-bank-jpmorgan-comes-to-rescue
Smug FRB employees
I work at another financial institution and came to check out your board. Pure schadenfreude. Every time I've met FRB employees, they were smug arseh0les. Wouldn't give our team the time of day. Rude and dismissive even at philanthropic volunteer... — read more
$100B withdrawn from First Republic
https://www.linkedin.com/news/story/100b-withdrawn-from-first-republic-5624244/
I hope everyone has a plan B
If you didn't see this coming, it's your own fault. These layoffs were inevitable and written on the wall for weeks, if not months. I truly hope everybody saw this and is prepared because the job market in our industry is currently getting worse day... — read more
cuts on the way
20-25% meaning 1400 - 1700 people to be let go by end of June. It will NOT be the people that helped get us into this mess.
Employees better start looking major layoffs coming.
Bank is insolvent.
Tough Times Indeed...
The scenario that bank staff are in is one that many have encountered recently. The pandemic and its economic consequences have forced many businesses to make painful decisions, including layoffs. As a result, FRB's folks are not alone in... — read more