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Trump tariff proposal abandons tax-cutting legacy, Pence says

Trump tariff proposal abandons tax-cutting legacy, Pence says
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First Republic Bank to cut staff, explore 'strategic options'

The San Francisco bank, on shaky ground after two regional peers failed last month, said that customers pulled more than 40% of their deposits last quarter. It's been forced to turn to more expensive sources of funding, which analysts said will squeeze its profitability. ....

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First Republic's $30 billion rescue fails to soothe investor fear

While the new deposits may have staved off a depositor run, some investors are concerned that it hasn't added any new equity to the bank. ....

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