The KBW Bank Index includes First Republic Bank (FRC), so its underperformance relative to the regional bank index is understandable. The KBW Regional Bank index is down almost 21% year-to-date.

Many customers with deposit amounts north of the federal insurance limit withdrew their funds at First Republic Bank when Silicon Valley Bank collapsed. A considerable amount of the bank’s funds ...

First Republic Bank will cease to exist in signage and style on May 24 when the remaining 62 branches nationwide close to complete the San Francisco bank’s takeover by JP Morgan Chase ...

JPMorgan Chase Bank will assume all the deposits of First Republic Bank, including all uninsured deposits and nearly all of First Republic’s assets, state regulators said Monday, May 1.

Venture firm General Catalyst has hired 20 former staffers from First Republic Bank, one of the casualties of the 2023 regional banking crisis, to create a wealth-management business. Dave Breslin ...