FDIC Works Overtime To Announce A First Republic Takeover By Late Sunday, Reports Say. Rumor Suggests PNC Might Prevail Over Bigger Peers

First Republic Bank's FRC fate may soon be sealed. Multiple media outlets earlier reported that the beleaguered regional bank would soon be taken over by the Federal Deposit Insurance Corporation (FDIC). The FDIC, in turn, is said to be actively seeking a potential buyer for First Republic once…

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