What about First Republic’s stock?

來源: 2023-05-01 10:36:34 [舊帖] [給我悄悄話] 本文已被閱讀:

https://www.yahoo.com/news/first-republic-sold-know-122616481.html

 

What about First Republic’s stock?

When a bank is seized by the government, its common shareholders are wiped out. In this case, First Republic shareholders, along with its debt holders, will not receive anything. JPMorgan Chase said that it would not assume First Republic’s corporate debt or preferred stock.