First Republic Bank is reportedly exploring its options, including a possible sale

Photo of author

Beleaguered First Republic Bank is exploring its strategic options, including a possible sale, according to a new report.

Citing sources with knowledge of the matter, Bloomberg News reported late Wednesday that the San Francisco-based bank is also looking for ways to improve its liquidity, and noted that a potential sale could draw interest from larger rivals. is likely to. The report states that no decision has been made and that the First Republic may decide to remain independent.


See also  Zscaler stock plunges 12% after deal delay