First Republic receives $30 bln in deposits from big banks

Reuters2023-03-17

March 16 (Reuters) - $First Republic Bank(FRC-N)$ has received $30 billion in deposits from several big banks including JPMorgan Chase & Co , Citigroup Inc and Morgan Stanley , the banks said in a statement on Thursday.

(Reporting by Niket Nishant in Bengaluru; Editing by Shounak Dasgupta)

((Niket.Nishant@thomsonreuters.com))

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