FDIC races to find buyer for collapsing First Republic Bank: report

FDIC races to find buyer for collapsing First Republic Bank: report

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Federal regulators are scrambling to find a buyer for First Republic Bank as the banking company’s stock continue to tumble, according to a report. The Federal Deposit Insurance Corp. has asked several high-powered banks — including JPMorgan Chase & Co., PNC Financial Services Group Inc., US…

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