First Republic assures clients of continued strength of capital, liquidity, operations

From Friday related to the SVB turmoil:

• First Republic is in a similar line of business to Silicon Valley Bank and -- as you can see -- its shares have also plunged.

The bank has sent an email to client Sunday afternoon, US time:

For a rundown summary of weekend events and the latest (that a bailout/sal of SVB appears imminent) check this post out:

• 'Risk' FX is trading higher on the chatter of a bailout &/or sale of distressed bank SVB