that comes after the embattled endo revealed it suffered a huge file and deposits the first quarter. it became under pressure after other banks collapsed last month. we have more from new york. normally when a companies earnings for a quarter are released executives hold a call with analysts where they take questions but that was not the case for first republic bank. executive spoke for about ten minutes and then took no questions. it is perhaps an indication ofjust how bad things had 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 billion it had on hand at the end of last year. after at the end of last year. after a silicon valley bank and signature bank were taken over by federal regulators while the street worried that first republic could be the next bank to go down. since it has similar clients to silicon valley bank. people in the start up space. 0n valley bank. people in the start u
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crucial that india monitor the situation very closely. location, location and location is what they save in it comes to choosing your home but does this also apply to setting up your own business? well, that is certainly what one business minded couple thing. we spoke to them about why they chose to relocate from london to scotland to set up a rum distillery. scotland to set up a rum distillery- distillery. when you are starting distillery. when you are starting a distillery. when you are starting a new- distillery. when you are | starting a new business, finding a rate location is everything. make the right location. so back in 2017, we made the bold decision to move our young family 400 miles from london to
livingston, which is on the outskirts of edinburgh, in scotland. outskirts of edinburgh, in scotland- outskirts of edinburgh, in scotland. ., ., ., scotland. scotland in general is the centre scotland. scotland in general is the centre of scotland. scotland in general is the centre of distilling - scotland. scotland in general is the centre of distilling in l is the centre of distilling in europe is the centre of distilling in europe. the whiskey industry is massive europe. the whiskey industry is massive and it is very collaborative. their expertise has been collaborative. their expertise has been invaluable in as setting has been invaluable in as setting up our business and it being setting up our business and it being a setting up our business and it being a success. the quality of the water being a success. the quality of the water is really important for this the water is really important for this kind of operation and the water for this kind of operation and