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First Republic Nears Federal Seizure as F.D.I.C. Seeks Buyers

JPMorgan and PNC, two of the country’s largest banks are said to be interested in acquiring the troubled lender after it is seized by the Federal Deposit Insurance Corporation.

Lauren Hirsch
Author: Lauren Hirsch

Written by

Lauren Hirsch

in

Company Reports, Deposit Insurance, Federal Deposit Insurance Corp, First Republic Bank, JPMorgan Chase & Company, Mergers, Acquisitions and Divestitures, PNC Financial Services Group Inc, Regulation and Deregulation of Industry, Silicon Valley Bank, Stocks and Bonds
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