Several big U.S. banks come to the rescue of First Republic Bank | CBC News
First Republic Bank has received $30 billion US in deposits from several big banks, the banks said in a statement on Thursday, as part of a rescue package for the lender.JPMorgan Chase & Co, Citigroup, Bank of America Corp, Wells Fargo & Co, Goldman Sachs Group, Morgan Stanley and others are involved in the rescue, according to the statement.