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 | $ 244.76 |
Change Today | $ 3.98 |
% Change | 1.65 % |
52 Week High | $247.06 |
52 Week Low | $153.19 |
Volume | 8,783,516 |
Shares Issued | 2,876.66m |
Market Cap | $704,091m |
Beta | 0.81 |
RiskGrade | 133 |
Strong Buy | 8 |
Buy | 8 |
Neutral | 10 |
Sell | 0 |
Strong Sell | 0 |
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15:59 | 100 @ $244.82 |
15:59 | 100 @ $244.82 |
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15:59 | 100 @ $244.78 |
15:59 | 150 @ $244.76 |
Chair | Alan Clifton |
CEO | William B Harrison, Jr. |
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