First Republic Bank's stock is down another 26% after touching an all-time low, but reports surface of talks with JPMorgan, Morgan Stanley for support.
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First Republic Bank’s stock steadied Thursday, after steep losses, following reports that Morgan Stanley, JPMorgan Chase & Co., and other banks are in talks to provide support for the bank.
Earlier, the stock touched an all-time low amid reports the bank is exploring its strategic options, including a potential sale of the company
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