JPMorgan is advising First Republic on another potential lifeline, sources say | CNN Business

, people familiar with the matter told CNN. First Republic’s share price has plummeted 90% to record lows over the past month as investors took scrutinized lenders with a high amount of uninsured depositors — a response to the collapse of Silicon Valley Bank and Signature Bank earlier this month. First Republic’s nosedive continued even after 11 of America’s biggest banks, including JPMorgan, Citigroup and Wells Fargo, provided First Republic with a $30 billion rescue last week.

Now, San Francisco-based First Republic has hired JPMorgan’s investment bank to help management explore its options, including potentially raising additional capital, the people familiar with the matter told CNN. Both JPMorgan and First Republic declined to comment. News of JPMorgan’s hiring was previously reported by CNBC First Republic shares rallied 22% in premarket trading Tuesday, rebounding from a 47% plunge on Monday.

Take financial advice from Jeffrey Epstein's buds - great idea! 🙄

2008 jpmorgan? well isn't this cute

Where is my money 🙂

I thought CNN was out of business ?

No way. The banker that approved the fed orgin is allowed to have privileges

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Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

JPMorgan, Deutsche Bank must face lawsuits over Jeffrey Epstein ties, judge says | CNN BusinessJPMorgan Chase and Deutsche Bank must face lawsuits that accuse them of enabling Jeffrey Epstein's sex trafficking, a US judge said Monday. Think about what this means for a minute. Not only were the highest political/government figures taking rides with him to his island, but some of the biggest financial institutions were in bed with him. But yeah, you're crazy if you say the world is run by pedophiles. Follow the money. The current assault on Trump is to distract you from the banking crisis, Epstein’s Island rapists and the impending WWIII ImpeachBidenNow
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