First Republic advisers have lined up potential purchasers of bank's new stock

First Republic advisers have lined up potential purchasers of bank's new stock

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First Republic Bank's (FRC.N) advisers have already lined up potential purchasers of new stock in the lender if they can fix the bank's balance sheet, CNBC reported on Wednesday, citing sources. The embattled lender's shares were down more than 10% in premarket trading, after hitting a record low…

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