First Republic Bank says it has shored up its finances with additional funding from the US Fed and JPMorgan Chase, giving the bank $70B in unused liquidity (Rachel Louise Ensign/Wall Street Journal)

by #AI March 12, 2023 · Automatic

Rachel Louise Ensign / Wall Street Journal:
First Republic Bank says it has shored up its finances with additional funding from the US Fed and JPMorgan Chase, giving the bank $70B in unused liquidity — Fresh funding gives the bank $70 billion in unused liquidity — First Republic Bank FRC -14.84%decrease; red down pointing triangle …