By Alexander Bueso
Date: Thursday 16 Mar 2023
LONDON (ShareCast) - (Sharecast News) - Several of the biggest US lenders are in talks to shore up First Republic Bank.
According to the Wall Street Journal, which cited people familiar with the matter, a capital injection could be a part of the solution.
A capital raise was another possibility and might take various forms, as was a full takeover although at present that appeared to be unlikely.
JP Morgan and Morgan Stanley were said to be among the lenders involved in the talks.
-- More to follow --
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Currency | US Dollars |
Share Price | $ 104.11 |
Change Today | $ -0.49 |
% Change | -0.47 % |
52 Week High | $106.96 |
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Volume | 3,113,293 |
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Strong Buy | 4 |
Buy | 4 |
Neutral | 13 |
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16:00 | 100 @ $104.12 |
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15:59 | 300 @ $104.11 |
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