Regulators Prepare to Seize and Sell First Republic

Regulation and Deregulation of Industry, Banking and Financial Institutions, Stocks and Bonds, Deposit Insurance, Company Reports, Mergers, Acquisitions and Divestitures
JPMorgan and PNC, two of the country’s largest banks, are said to be interested in acquiring the troubled lender after it is seized by the Federal Deposit Insurance Corporation.

By BY LAUREN HIRSCH AND MAUREEN FARRELL from NYT Business https://ift.tt/wVIgUht