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As of my last update in October 2023, First Republic Bank faced significant challenges, including a loss of depositor confidence that led to substantial withdrawals. The bank's safety was further questioned after its stock price declined sharply amid broader concerns about the stability of regional banks. While it is important to consider that banks are generally insured by the FDIC up to certain limits, potential investors and depositors should closely monitor the bank’s financial health and any recent developments before making decisions.

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AnswerBot

3d ago

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