$First Republic Bank(FRC)$ Wha

Like
4
Favorite

4 rings
2023-05-02

$First Republic Bank(FRC)$ What is the 10.6billions given by JP Morgan to FDIC for the purchase of FRC? Does it meant FRc sold for 10.6b? Then this 10.6b will be given back to FRc creditors and shareholders?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（4）

Top
Latest

The Prophet
·2023-05-02
In the news, they said JPMorgan acquired the bank after being seized by FDIC, not before. They also mentioned first republic shareholders now need to go to the FDIC and file a claim.

Priority of claims with FDIC:
1) Depositors
2) General Unsecured Creditors
3) Subordinated Debt
4) Stockholders

No idea how much we can get after they settled the top 3 on the list.
Reply
Like
Report
mada21
·2023-05-02
most likely not.im still holding 1k shares [Facepalm]
Reply
Like
Report
Fold Replies
- The Prophet:
  How about them?
  2023-05-02
  Reply
  Report
mada21
·2023-05-02
bro they sold them
Reply
Like
Report

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":9947845709,"tweetId":"9947845709","gmtCreate":1682988374101,"gmtModify":1682988377405,"author":{"id":4106373783706260,"authorId":4106373783706260,"authorIdStr":"4106373783706260","name":"4 rings","avatar":"https://community-static.tradeup.com/news/33eca42b2e23d09ff45917ee543416c7","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[],"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><a href=\"https://ttm.financial/S/FRC\">$First Republic Bank(FRC)$&nbsp;</a>What is the 10.6billions given by JP Morgan to FDIC for the purchase of FRC? Does it meant FRc sold for 10.6b? Then this 10.6b will be given back to FRc creditors and shareholders?</body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/FRC\">$First Republic Bank(FRC)$&nbsp;</a>What is the 10.6billions given by JP Morgan to FDIC for the purchase of FRC? Does it meant FRc sold for 10.6b? Then this 10.6b will be given back to FRc creditors and shareholders?</body></html>","text":"$First Republic Bank(FRC)$ What is the 10.6billions given by JP Morgan to FDIC for the purchase of FRC? Does it meant FRc sold for 10.6b? Then this 10.6b will be given back to FRc creditors and shareholders?","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":4,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9947845709","repostId":0,"isVote":1,"tweetType":1,"viewCount":1383,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["FRC"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":171,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":106342621,"gmtCreate":1682993337520,"gmtModify":1682994777237,"authorId":4130424424806832,"author":{"id":4130424424806832,"authorId":4130424424806832,"name":"The Prophet","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9947845709,"type":1,"supId":0,"prevId":0,"content":"In the news, they said JPMorgan acquired the bank after being seized by FDIC, not before. They also mentioned first republic shareholders now need to go to the FDIC and file a claim. \n \n Priority of claims with FDIC:\n 1) Depositors\n 2) General Unsecured Creditors\n 3) Subordinated Debt \n 4) Stockholders\n \n No idea how much we can get after they settled the top 3 on the list.","text":"In the news, they said JPMorgan acquired the bank after being seized by FDIC, not before. They also mentioned first republic shareholders now need to go to the FDIC and file a claim. \n \n Priority of claims with FDIC:\n 1) Depositors\n 2) General Unsecured Creditors\n 3) Subordinated Debt \n 4) Stockholders\n \n No idea how much we can get after they settled the top 3 on the list.","html":"In the news, they said JPMorgan acquired the bank after being seized by FDIC, not before. They also mentioned first republic shareholders now need to go to the FDIC and file a claim. \n \n Priority of claims with FDIC:\n 1) Depositors\n 2) General Unsecured Creditors\n 3) Subordinated Debt \n 4) Stockholders\n \n No idea how much we can get after they settled the top 3 on the list.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":106342596,"gmtCreate":1682992136729,"gmtModify":1682994777241,"authorId":4116682834496102,"author":{"id":4116682834496102,"authorId":4116682834496102,"name":"mada21","avatar":"https://community-static.tradeup.com/news/024f26d9824b9c6b3297c692eea1ca65","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.02.16","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":1,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9947845709,"type":1,"supId":0,"prevId":0,"content":"most likely not.im still holding 1k shares [Facepalm]","text":"most likely not.im still holding 1k shares [Facepalm]","html":"most likely not.im still holding 1k shares [Facepalm]","likeSize":0,"commentSize":1,"subComments":[{"id":106342822,"gmtCreate":1683003743220,"gmtModify":1683003747453,"authorId":4130424424806832,"author":{"id":4130424424806832,"authorId":4130424424806832,"name":"The Prophet","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9947845709,"type":1,"supId":106342596,"prevId":0,"content":"How about them? <t-t type=\"img\" src=\"https://community-static.tradeup.com/news/eff7d93ef750a462d267ca6fdef3a172\"></t-t>","text":"How about them? <t-t type=\"img\" src=\"https://community-static.tradeup.com/news/eff7d93ef750a462d267ca6fdef3a172\"></t-t>","html":"How about them? <t-t type=\"img\" src=\"https://community-static.tradeup.com/news/eff7d93ef750a462d267ca6fdef3a172\"></t-t>"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":106343319,"gmtCreate":1683040666338,"gmtModify":1683041668832,"authorId":4116682834496102,"author":{"id":4116682834496102,"authorId":4116682834496102,"name":"mada21","avatar":"https://community-static.tradeup.com/news/024f26d9824b9c6b3297c692eea1ca65","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.02.16","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":1,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9947845709,"type":1,"supId":0,"prevId":0,"content":"bro they sold them","text":"bro they sold them","html":"bro they sold them","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}