First Republic shares climb 8% after report U.S. officials discussing rescue options with banks

First Republic shares climb 8% after report U.S. officials discussing rescue options with banks

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Shares of First Republic Bank surged in premarket trading on Friday, after a report that Federal Deposit Insurance Corporation (FDIC), the Treasury Department and the Federal Reserve were in discussions with banks and even private equity over a rescue solution for the troubled lender. Citing…

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