Bank with a similar name to troubled First Republic is livid that its shares have tumbled too and insists ‘there are significant differences’ – Crypto Insight
A case of mistaken identity is sparking a selloff in Republic First Bancorp, which had fallen by more than 40% this month because investors have it confused with embattled First Republic Bank. “We are NOT First Republic Bank,” Republic First Chief Executive Officer Thomas Geisel wrote in a letter on the company’s website. “It’s important to fully…