First Republic Bank (FRC) halted again on volatility, last up 15%

First Republic Bank (FRC) halted again on volatility with shares sharply off the lows, but consolidating some gains:

  • last up 15% after being down as much as 35% earlier
  • moments ago, reports surfaced First Republic Bank is poised to get $30 billion in deposits from banks
  • CNBC said the figure is closer to $20 billion
  • WSJ said the figure is between $25-$30 billion.
  • JPMorgan and Morgan Stanley are said to be involved



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