First Republic Bank On The Brink? JPMorgan, PNC Rumored As Potential Bidders Following FDIC Takeover

First Republic Bank's FRC fate appears to have been sealed, and rumors suggest the regional bank would be taken over by the government following which there would be potential suitors for its assets. What Happened: First Republic stock went about a freefall on Friday, dropping 43.3% to $3.51 in…

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