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Briefing

First Republic Explores Strategic Options Including a Sale

By
Nate Becker
· · Source: Bloomberg

First Republic Bank, which recently suffered ratings downgrades and whose stock has been on a rollercoaster since the run on Silicon Valley Bank started, is exploring strategic options including potentially selling itself, Bloomberg reported. The bank is also weighing options for shoring up liquidity, according to the report, and is expected to draw interest from bigger rivals. First Republic...

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