First Republic Bank deposits tumble more than $100B as it explores options

First Republic Bank shares sank more than 20 percent after the closing bell on Monday as it said deposits plunged by more than $100 billion in the first quarter and it was exploring options such as restructuring its balance sheet. The deposit slump overshadowed profits that beat expectations for the beleaguered company, shored up through … Continue reading First Republic Bank deposits tumble more than $100B as it explores options