First Republic Plans to Raise Cash by Selling Shares Privately

First Republic Plans to Raise Cash by Selling Shares Privately

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First Republic Bank is in talks to raise money from other banks or private equity firms by issuing new shares, in a desperate bid to bolster its finances, one day after the biggest U.S. banks gave it a $30 billion infusion, three people with knowledge of the process said. The terms of any deal are…

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