Mon. Dec 16th, 2024

Multi-billion dollar rescue deal for First Republic Bank aims to stem crisis<!-- wp:html --><p>Large US banks injected $30 billion in deposits into First Republic Bank FRC.N on Thursday, swooping in to rescue the lender caught up in a widening crisis triggered by the collapse of two other mid-size US lenders over the past week.</p><!-- /wp:html -->

Large US banks injected $30 billion in deposits into First Republic Bank FRC.N on Thursday, swooping in to rescue the lender caught up in a widening crisis triggered by the collapse of two other mid-size US lenders over the past week.

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