First Republic Bank lost more than $72 billion in deposits during the first quarter—and plans to lay off up to 25% of its workforce

The results are the first fulsome update from First Republic since investors pulled back from the stock in the midst of a crisis that engulfed regional lenders nationwide last month.

First Republic Bank lost more than $72 billion in deposits during the first quarter—and plans to lay off up to 25% of its workforce
The results are the first fulsome update from First Republic since investors pulled back from the stock in the midst of a crisis that engulfed regional lenders nationwide last month. Read More