First Republic Bank’s stock falls nearly 50% after reporting an exodus of deposits – NBC News

ProfileSectionstvFeaturedMore From NBCFollow NBC NewsFirst Republic Bank’s stock nearly halved in value Tuesday, a day after it reported an exodus of deposits in the first quarter.Trading of First Republic shares was halted several times on the New York Stock Exchange on Tuesday. They ended the session at $8.10, down roughly 49%.First Republic, based in San […]

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Hong Kong Announces Changes to Beneficial Ownership Regime – China Briefing

By Dezan Shira & Associates Editor: Weining Hu Hong Kong’s Financial Services and Treasury Bureau (FSTB) recently issued a consultation document on amending the Companies Ordinance law. If the amendment proposal is approved, companies incorporated in Hong Kong will need to identify their beneficial owners and register such information with the Hong Kong Companies Registrars.This rule […]

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