First Republic Rescue May Rely on U.S. Backing to Reach a Deal
Briefly

Wall Street leaders and U.S. officials discussing an intervention at First Republic Bank are exploring the possibility of government backing to encourage a deal that would shore up the lender, people with knowledge of the situation said.The shares dropped Wednesday morning.The group has floated a variety of measures to make the company more attractive to potential investors or a buyer, part of an effort to ensure there isn't another US bank failure, the people said, asking not to be named describing confidential talks.
Read at time.com
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