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First Republic secures $30B rescue from large banks

First Republic secures $30B rescue from large banks

a year ago
Anonymous $Gb26S9Emwz

https://www.siliconvalley.com/2023/03/16/first-republic-secures-30b-rescue-from-large-banks/

By Matt Egan, Allison Morrow and David Goldman | CNN

First Republic Bank, facing a crisis of confidence from investors and customers, is set to receive a $30 billion lifeline from a group of America’s largest banks.