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 | $ 125.30 |
Change Today | $ -3.83 |
% Change | -2.97 % |
52 Week High | $141.08 |
52 Week Low | $92.07 |
Volume | 6,371,437 |
Shares Issued | 1,606.65m |
Market Cap | $201,314m |
Beta | 1.42 |
RiskGrade | 150 |
Strong Buy | 3 |
Buy | 4 |
Neutral | 15 |
Sell | 1 |
Strong Sell | 0 |
Total | 23 |
Time | Volume / Share Price |
16:00 | 1,322,684 @ $125.30 |
15:59 | 100 @ $125.28 |
15:59 | 119 @ $125.26 |
15:59 | 100 @ $125.28 |
15:59 | 200 @ $125.28 |
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