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it comes after the embattled lender revealed that it suffered a huge drop in deposits during the first quarter. first republic came under intense pressure after silicon valley bank and signature bank collapsed last month. the bbc s samira hussain has more from new york. normally when a company s earnings for are released, executive hold a call with analysts where they take questions. but that wasn t the case for first republic bank. executives spoke for about ten minutes and then took no questions. it is perhaps an indication ofjust how bad things have 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 silicon valley bank and signature bank were taken over by federal regulators, wall 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 startup space. ....
so let s get down to business and turmoil in the banking industry is back. shares in the us regional lender first republic dropped more than 20% in extended trading on monday after it revealed it suffered a huge drop in deposits during the first quarter. first republic came under intense pressure after silicon valley bank and signature bank collapsed last month. samira hussain has more from new york. normally more from new york. when a company is earnings normally when a company is earnings for a quarter are released executives hold a call with analysts when they take questions, that wasn t the case for first republic, executive spoke for about ten minutes and then took no question. it is perhaps an indication ofjust how bad must have become at the regional bank. during the first quarter, it lost hundred and $2 billion in customer deposits, thatis billion in customer deposits, that is way more than half of the $176 billion it had on hand at the end of last year. after at the ....
first republic came under intense pressure after silicon valley bank and signature bank collapsed last month. the bbc s samira hussain has more from new york. normally when a company s earnings for are released, executive hold a call with analysts where they take questions. but that wasn t the case for first republic bank. executives spoke for about ten minutes and then took no questions. it is perhaps an indication ofjust how bad things have 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 silicon valley bank and signature bank were taken over by federal regulators, wall 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 startup space. on monday, the bank said it would cut about a quarter of its staff and slash executive compensation. samira exe ....
not necessarily reflect the reality of another, or of the whole. soldiers enjoying a pause in battle does not mean there is no war. az prudhoe film for four jfk shot does not make it a parade. pretending otherwise is conning. people pretending otherwise is counting something else and enabling that come when you are a high-ranking elected official directly in line of succession to the presidency is hard to imagine. or so you might think. because that s just what house speaker kevin mccarthy has done. he s enabled this. the crowd was enormous. a small percentage of them were hooligans. they committed vandalism. you ve seen their pictures again and again. the overwhelming majority weren t. they were peaceful. they were orderly and meek. these were not insurrectionists, they were sightseers. fox s tucker carlson last night cherry-picking from some 40,000 hours of footage that speaker mccarthy released to him and only him. of the january 6th attack on the capitol. th ....
thanks for being with us today. nicole s back tomorrow. the beat ari melber starts right now. but not until i set eyes on him. ari, are you there? i m here. thanks for anchoring last night, and i think we all thank you for all the coverage from ukraine. we appreciate it, sir. my pleasure, sir. you have a great show. absolutely. stay safe. welcome to the beat. we have breaking news about recommended indictments in the georgia trump probe. breaking news tonight out of the criminal trump probe in georgia, and it sounds big. i m going to walk it through with you. the grand jury is recommending multiple indictments, and that news tonight is from an on-the-record source. we hear a lot about leaks and sources of anonymous people and the two-source rule. what is breaking news right now is on the record. the head of that georgia grand jury speaking out for the first time, which feeds questions and speculation tonight about who exactly is now being potentially recommend ....