{"id":3852,"date":"2023-04-08T00:56:50","date_gmt":"2023-04-08T00:56:50","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/first-republic-bank-to\/"},"modified":"2023-04-08T00:59:26","modified_gmt":"2023-04-08T00:59:26","slug":"first-republic-bank-to","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/first-republic-bank-to\/","title":{"rendered":"First Republic bank to suspend dividends on preferred stock"},"content":{"rendered":"<p>(Reuters) &#8211;     First Republic Bank said in a regulatory filing on Friday that it will suspend payments of quarterly cash dividends on its preferred stock &#8220;as a measure of prudent oversight.&#8221; <\/p>\n<p>Last month, the bank suspended its dividend on common stock after the collapse of Silicon Valley Bank.<\/p>\n<p>Large U.S. banks injected $30 billion in deposits into First Republic Bank last month to rescue the lender caught up in a widening crisis triggered by the collapse of two other mid-sized U.S. lenders. <\/p>\n<p \/>\n<p> (Reporting by Shivani Tanna in Bengaluru; editing by Diane Craft and Bill Berkrot)<\/p>\n<p><a href=\"http:\/\/lynettelockhart.com\/client\/first-republic-bank-to\/first-republic-bank-branch-in-midtown-manhattan-in-new-york\/\"><img decoding=\"async\" src=\"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ3700O-VIEWIMAGE.jpg\" alt=\"tagreuters.com2023binary_LYNXMPEJ3700O-VIEWIMAGE\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) &#8211; First Republic Bank said in a regulatory filing on Friday that it will suspend payments of quarterly cash dividends on its preferred stock &#8220;as a measure of prudent oversight.&#8221; Last month, the bank suspended its dividend on common stock after the collapse of Silicon Valley Bank. Large U.S. banks injected $30 billion in [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":3853,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1213],"tags":[],"class_list":["post-3852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-business"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ3700O-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/3852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=3852"}],"version-history":[{"count":1,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/3852\/revisions"}],"predecessor-version":[{"id":3854,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/3852\/revisions\/3854"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/3853"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=3852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=3852"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=3852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}