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First Republic Bank headed for possible sale after institutional bailout

Many of the institutions involved in the bailout of the beleaguered First Republic Bank are also said to be looking to make a possible purchase of the San-Francisco-based institution, Fox Business has learned.

Those said to be interested include Morgan Stanley and PNC Bank — several of the same firms that put up the $30 billion in bailout money to keep First Republic from following Silicon Va…

Read more at foxbusiness.com: First Republic Bank headed for possible sale after institutional bailout

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