BBCNEWS Asia Business Report July 6, 2024
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 the first quarter, it lost $102 billion in customer deposits. that's way more than half of the $176 bill...