FRB is no SVB, Aukman said First Republic (FRC) is well-mana

FRB No SVB: Ackman noted that First Republic is a well-managed, well-capitalized, high-service bank with good assets and it is loved by its clients. First Republic is no SVB, he said, referring to the just-collapsed Silicon Valley Bank.
https://www.benzinga.com/analyst-ratings/analyst-color/23/03/31393011/bill-ackman-says-first-republics-risk-being-spread-to-largest-banks-half-measures-d