FRC needs to raise over $50 Billion in new capiital - nott deposits, they are not net capital - butt $50B via equity and whatever bonds they can issue (if ANYONE would buy a bond issued by FRC now they are nuts).
Good luck finding the suckers willing to buy $50B in new issue stock. Current market cap is $2B.
Recent FRCB News
- FDIC's Review Finds It Missed Opportunities to Take Earlier Action Before First Republic Bank Failure • Dow Jones News • 11/29/2023 04:56:00 PM
FEATURED Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM
Avant Technologies to Implement AI-Empowered, Zero Trust Architecture in Its Data Centers • AVAI • Apr 29, 2024 8:00 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM