JPMorgan leads efforts for potential First Republic Bank rescue plan.
TL;DR
JPMorgan is reportedly providing financial advice to First Republic Bank on a potential lifeline, following the bank's $30 billion bailout during the 2008 financial crisis.
- JPMorgan is advising First Republic on another potential lifeline, sources say CNN
- JPMorgan advises First Republic on strategic alternatives, including capital raise CNBC Television
- JPMorgan CEO Jamie Dimon Leading Efforts to Craft New First Republic Bank Rescue Plan - WSJ The Wall Street Journal
- First Republic bailout from banks ‘may not be enough’ to keep it in good standing: Analyst Yahoo Finance
- Pressure grows on another US bank amid controversy over Credit Suisse takeover WSWS
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