: First Republic Bank reportedly exploring its options, including a possible sale

Embattled First Republic Bank is exploring its strategic options, including a potential sale, according to a new report.

Citing sources with knowledge of the matter, Bloomberg News reported late Wednesday that the San Francisco-based bank is also looking for ways to improve its liquidity, and noted that a potential sale would likely draw interest from larger rivals. The report added that no decision has been reached and First Republic may decide to remain independent.


This post was originally published on MarketWatch

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