Regulators rushing to sell S.F.’s First Republic Bank amid fears of collapse, report says
April 29, 2023
https://www.sfchronicle.com/bayarea/article/first-republic-bank-17994980.php
Federal regulators were rushing Saturday to sell San Francisco’s First Republic Bank as fears of a collapse increased, according to a published report.
The Federal Deposit Insurance Corp. has been in confidential talks with banks including JPMorgan Chase, PNC Financial Services and Bank of America, the New York Times reported. A deal could be announced as soon as Sunday, when final bids are due, according to Bloomberg.
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It's a privilege to serve you® | First Republic
https://www.firstrepublic.com/
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Well, it WAS a privilege!
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