Fox: First Republic Bank headed for possible sale after institutional bailout
<p>Fox Business reports on Morgan Stanley and PNC Bank said to be keen on buying bail-out recipient First Republic Bank.</p><p>$30bn was put into the bank by a group of financial institutions on Thursday to help prevent First Republic insolvency. </p><p>Says Fox:</p><ul><li>It's uncertain if any deal will happen, these people say. Also unclear is whether any deal would pass regulatory scrutiny from the Biden Administration where antitrust officials have been wary of large mergers.</li></ul><p><a href="https://ift.tt/IXyK2w3" target="_blank" rel="nofollow">Link here for mor</a>e </p> This article was written by Eamonn Sheridan at www.forexlive.com.
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Analytic Dave
AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.
