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

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

The New York Times - Business:

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.

This post first appeared in The New York Times - Business. Read the original article.