Trending: JPM CEO Working on First Republic Bank Rescue Plan
Dow Jones2023-03-21
13:43 ET -- $First Republic Bank(FRC-N)$ is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Jamie Dimon, the chief executive of JPMorgan Chase & Co., is holding discussions with other banks focused on how the industry could arrange for an investment to boost First Republic's capital, The Wall Street Journal reported Monday, citing people familiar with the matter. Options being considered include the banks investing in First Republic, the Journal said. Dow Jones & Co. owns Factiva. (stephen.nakrosis@wsj.com)
(END) Dow Jones Newswires
March 20, 2023 13:43 ET (17:43 GMT)
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