First Republic bank is a state-chartered bank based in San Franciso founded in 1985. First Republic offers a broad of personal and business banking services including personal lending, treasury management, foreign exchange services, commercial loans and lines of credit, trust services, investment and private wealth management services, and insurance services. First Republic operates offices in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach and San Diego, California; Portland, Oregon; Boston, Massachusetts; Palm Beach, Florida; Greenwich, Connecticut; New York, New York; and Jackson, Wyoming.
HEDGE FLOW Hedge funds rush to cut Asia exposure ahead of US tariff announcement
Hedge funds dumped stocks and lowered leveraged positions in Asian markets last week, data from Morgan Stanley shows, pointing to their defensive stance before U.S. President Donald Trump's announceme...
Stablecoin operator Circle files for IPO as revenues jump to $1.7bn
Circle Internet, the US group behind the world’s second-largest stablecoin, has filed to list in New York, the first major cryptocurrency company to try for an initial public offering since President ...
Australia central bank highlights global risks as it keeps rates steady at 4.1%
Inflation has stayed within the bank’s target range since August 2024, and prompted the RBA to cut rates in February. The central bank said it was “cautious” about its outlook, pointing out that recen...
The CFPB was on the brink of shutdown. Here’s what a judge’s temporary stay means for borrowers and consumers.
A federal judge is ordering the Trump administration to keep the lights on at the Consumer Financial Protection Bureau with an injunction that maintains the regulator’s operations and workforce — at l...
US stocks tumble as consumer gloom raises stagflation fears
Americans express rising alarm over economy and job prospects as Trump’s tariffs weigh on outlook. Wall Street stocks dropped on Friday as signs of strain among American consumers added to worries the...
Trump’s Treasury is running out of money fast. Why the ‘x date’ matters for markets.
The Trump administration has exhausted its legal authority to issue new incremental debt to pay the U.S. government’s obligations — for everything from Social Security checks to military operations. I...
US fintech Block is laying off 931 staff and closing 748 open roles, as the mobile payments and POS company undergoes a major reorganisation. Dorsey told staff that 391 roles would be cut for "strateg...
Affirm announces JPMorgan Chase merchants can soon offer installment loans at checkout
U.S. merchants who use JPMorgan to handle payments can soon add Affirm to their checkout pages, according to a release. Consumers will have access to loans ranging from 30 days to 60 months, according...
eToro Group Ltd (“eToro”) today announced that it has publicly filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to the proposed initial publ...
Is KKR’s bad bet on cycling the start of Europe’s private equity reckoning?
As lockdowns gripped Europe in late 2020, KKR was battling to plant its flag in one of the pandemic’s winning industries. The private equity pioneer lost out that year in its bid for German road bike ...