First Republic Bank is in talks to raise money from other banks or private equity firms by issuing new shares, the New York Times reported on Friday, citing three people with knowledge of the process.
A First Republic Bank branch is pictured in Midtown Manhattan in New York City, New York, U.S., March 13, 2023.
Mike Segar/File Photois in talks to raise money from other banks or private equity firms by issuing new shares, the New York Times reported on Friday, citing three people with knowledge of the process.Terms of the deal were under discussion and a sale of First Republic was also possible, according to the
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
First Republic Bank becomes the latest bank to be rescued, this time by its rivalsThe lenders including J.P.Morgan and Wells Fargo would deposit $30 billion into the beleaguered midsized lender as part of the rescue.
Read more »
First Republic Bank reportedly exploring its options, including a possible saleEmbattled First Republic Bank is exploring its strategic options, including a potential sale, according to a new report.
Read more »
First Republic Bank weighing options including sale - Bloomberg NewsU.S. private lender First Republic Bank is exploring strategic options including a sale, Bloomberg reported on Wednesday, citing people with knowledge of the matter.
Read more »
First Republic Bank considers strategic options, potential sale - Bloomberg By Investing.com*FIRST REPUBLIC BANK EXPLORING STRATEGIC OPTIONS, INCLUDING POTENTIAL SALE $FRC
Read more »
First Republic Bank credit rating cut to junk at S&P and FitchFirst Republic Bank downgraded to junk by S&P and Fitch on risk of clients pulling deposits in the wake of SVB failure
Read more »
SVB crisis: First Republic Bank is looking at a possible sale, per BBGFirst Republic Bank, which was downgraded to junk by S&P and Fitch, is looking at a possible sale: Bloomberg
Read more »