First Republic Bank (NYSE: FRC) shares fell more than 20% in pre-market trading after the company announced that deposits fell by more than $100 billion in Q1 2023 and that it was considering options such as restructuring its balance sheet. The deposit decline overshadowed profits that exceeded forecasts for the struggling institution, which had been … Continue reading First Republic Bank Crashes 20% Following $100 Billion Drop In Deposits In Q1 2023