U.S. private lender First Republic Bank is exploring strategic options including a sale, Bloomberg reported on Wednesday, citing people with knowledge of the matter.
A First Republic Bank branch is pictured in Midtown Manhattan in New York City, New York, U.S., March 13, 2023. REUTERS/Mike Segaris exploring strategic options including a sale, Bloomberg reported on Wednesday, citing people with knowledge of the matter.
The troubled bank is weighing options for shoring up its liquidity and it is expected to draw interest from larger rivals, according to theThe report follows the bank's ratingShares of the bank have
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