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TechFlow news, according to The Wall Street Journal citing知情人士, major banks including JPMorgan Chase and PNC Financial Services Group are racing to acquire First Republic Bank, with the deal set to proceed after the government takes control of the troubled lender.
The知情人士 said First Republic Bank could be seized and sold as early as this weekend.
TechFlow news, according to The Wall Street Journal citing知情人士, major banks including JPMorgan Chase and PNC Financial Services Group are racing to acquire First Republic Bank, with the deal set to take place after the government seizes the troubled lender. The sources said First Republic Bank could be seized and sold as early as this weekend.
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