U.S. Authorities Consider Giving More Time To First Republic, Which Had Given Its Founder And Family Members A Whopping Payday Before Suffering A Crisis

U.S. authorities plan to give First Republic Bank FRC more time to ramp up its balance sheet and have yet to decide on what support, if any, to provide to the troubled lender, according to Bloomberg. An expansion of the Federal Reserve's offering is one of several options that is being weighed at…

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