Embattled First Republic Financial institution is exploring its strategic choices, together with a possible sale, in accordance with a brand new report.
Citing sources with data of the matter, Bloomberg Information reported late Wednesday that the San Francisco-based financial institution can also be searching for methods to enhance its liquidity, and famous {that a} potential sale would seemingly draw curiosity from bigger rivals. The report added that no determination has been reached and First Republic could determine to stay impartial.
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