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【CNN】First Republic’s pain had a lot to do with its reliance on wealthy clientele

【CNN】First Republic’s pain had a lot to do with its reliance on wealthy clientele

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美洲
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First Republic, which entered a death spiral six weeks ago and was seized by the Federal Deposit Insurance Corporation early Monday and taken over byJPMorgan Chase, is the third US lender to fail in two months — and the reason has a lot to do with its well-heeled client base.

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