First Republic Bank Stock Crashes After Hours On Heels Of $30B Deposit Deal, Dividend Suspension

First Republic Bank Stock Crashes After Hours On Heels Of $30B Deposit Deal, Dividend Suspension

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First Republic Bank FRC shares are trading lower in Thursday's after-hours session after the bank announced a deal for $30 billion in deposits from major banks and said it has decided to suspend its dividend. What To Know: First Republic is set to receive uninsured deposits totaling $30 billion…

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