BBCNEWS Asia Business Report June 4, 2024 01:31:00
It comes after the embattled lender revealed that it suffered a huge drop in deposits during the first quarter. first republic came under intense pressure after silicon valley bank and signature bank collapsed last month. the bbc�*s samira hussain has more from new york. normally when a company's earnings for are released, executive hold a call with analysts where they take questions. but that wasn't the case for first republic bank. executives spoke for about ten minutes and then took no questions. it is perhaps an indication ofjust how bad things have become at the regional bank. during th...