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• మెరిల్విల్ నగరంలో 2025, విశ్వావసు ఉగాది వేడుకలు • Gaiety Marks Chicago Andhra Association Women's Day Celebrations • Trump Administration revokes legal status for 530,000 Cubans, Haitians, Nicaraguans and Venezuelans • In India ‘political iftars’ a legacy of Indian Secularism, or symptom of political rot • Deportees from the US hop embassy to embassy in Panama in a desperate scramble to seek asylum • Fire shuts down London's Heathrow Airport, disrupting travel for hundreds of thousands • Japan's space debris firm Astroscale to tie up with India's Digantara, Bellatrix Aerospace • India's $23 billion plan to rival China factories to lapse after it disappoints
 
 
USA

Potential buyers lined up for First Republic's new stock

April 26, 2023 11:48 PM

First Republic Bank's advisers have lined up potential purchasers of new stock in the lender if they can fix the bank's balance sheet, CNBC cited sources as saying.

The bad bank possibility is a crisis-type method of isolating financial assets that have problems.

Its shares were down 10% in premarket trading, after hitting a record low in the previous session.

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