-
U.S. Authorities Consider Giving More Time To First Republic, Which Had Given Its Founder And Family Members A Whopping Payday Before Suffering A Crisis
Sunday, March 26, 2023 - 9:26am | 618Read More...U.S. authorities plan to give First Republic Bank (NYSE: FRC) more time to ramp up its balance sheet and have yet to decide on what support, if any, to provide to the troubled lender, according to Bloomberg. An expansion of the Federal Reserve's offering is one of...
-
Bank Of America Sells Off Assets To Increase Capital (BAC, AMP)
Wednesday, October 21, 2009 - 9:01pm | 112Read More...In an effort to raise even more capital, Bank of America (NYSE: BAC) is looking to sell their holdings of First Republic Bank to a group of investors headed by First Republic Management and private investors. The private bank, which was initially bought by Merrill Lynch in 2007, is reportedly being...
