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Mid-Hudson home prices not going to go back to pre-COVID levels, seller says – Daily Freeman

KINGSTON, N.Y. As a result of inflation and the after-effects of pandemic-era distortion, homebuyers are now contending with a housing market that has outpaced wages in the area, according to a Hudson Valley Pattern for Progress report, titled “Out of Reach.” “While the housing market has historically been a vehicle for personal and generational wealth, […]

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First Republic Bank shares plunge as it weighs $100bn asset sale to shore up balance sheet

Executives at troubled lender refused to take questions on earnings call with analysts

Michael hultquistJanney montgomery scottGreg berardiChris marinacAndrew lieschMike rofflerMike ioanilliPiper sandlerNeal hollandDeposit insurance corpFirst republic bankEast west bancorpFederal deposit insuranceSan francisco basedFirst republicExecutive officer mike roffler

First Republic Bank Announces First Quarter 2023 Earnings Release Date

First Republic Bank Announces First Quarter 2023 Earnings Release Date
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First Republic s rich — and vocal — clients take time to consider moving their money

Some millionaires and billionaires who have accounts with the bank are making backup plans for their account and loans.

New yorkUnited statesGreg flynnBruce percelayKatanga johnsonGreg berardiEric thayer bloombergJean marc berteauxSusan masonJohn gittelsohnMax reyesSonja perkinsGhia griarteLos angelesCaleb melbyKara goldin

First Republic s Clients Take Time to Consider Moving Their Money

First Republic’s stock plunge has left wealthy clients who’ve sung its praises in publicly over the years trying to square loyalty with pragmatism.

New yorkUnited statesGhia griarteSusan masonJohn gittelsohnKatanga johnsonBruce percelayMax reyesSonja perkinsCaleb melbyJean marc berteauxGreg flynnKara goldinGreg berardiCredit suisse groupWells fargo