WSJ News Exclusive | JPMorgan, PNC Bidding for First Republic as Part of FDIC Takeover
Big banks including JPMorgan Chase & Co. and PNC Financial Services Group Inc. are vying to buy First Republic Bank in a deal that would follow a government seizure of the troubled lender, according to people familiar with the matter.
A seizure and sale of First Republic by the Federal Deposit Insurance Corp. could come as soon as this weekend, the people said.
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Education News Click Here
For the latest news and updates, follow us on Google News.