NEW YORK, April 28 (Reuters) – U.S. officials are coordinating urgent talks to rescue First Republic Bank (FRC.N) as private-sector efforts led by the bank’s advisers have yet to reach a deal, according to three sources familiar […]
A group of 11 U.S. banks has agreed to make $30 billion in deposits at First Republic Bank to avoid another regional bank failure. The rescue comes after Silvergate Bank, Silicon Valley Bank and Signature […]
WASHINGTON, March 14 (Reuters) – The White House is carefully monitoring developments at First Republic (FRC.N) and other smaller banks after actions to protect depositors following the collapse of Silicon Valley Bank (SVB) (SIVB.O) last week, an official said […]
March 13 (Reuters) – Shares of U.S. regional banks slumped on Monday, led by sharp losses in First Republic Bank (FRC.N) as news of fresh financing failed to assuage fears of possible bank contagion following the collapse […]
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