First Republic jumps more than 20%, leads comeback rally in regional banks Tuesday

First Republic jumps more than 20%, leads comeback rally in regional banks Tuesday

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First Republic led a comeback rally in regional bank shares Tuesday, as investors hoped for some sort of strategic action by the troubled bank — or another big regulatory move — to stem the downward spiral in the sector. CNBC's David Faber reported Monday that JPMorgan Chase is giving advice on…

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