First Republic exploring options including a sale
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The bank, which is also looking at options for shoring up liquidity, is expected to draw interest from larger rivals, sources said.
First Republic Bank, the San Francisco-based lender that was cut to junk by S&P Global Ratings and Fitch Ratings Wednesday, is exploring strategic options including a sale, according to people with knowledge of the matter.
The bank, which is also weighing options for shoring up liquidity, is
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