The Wall Street Journal reports lenders including JPMorgan Chase and Morgan Stanley are discussing a potential deal to pump capital into First Republic Bank, while Credit Suisse will exercise an option to borrow as much as $54 billion from the Swiss National Bank. Proterra, meanwhile, doubts it can survive in its current form and the stock plunges. Read More...
The Wall Street Journal reports lenders including JPMorgan Chase and Morgan Stanley are discussing a potential deal to pump capital into First Republic Bank, while Credit Suisse will exercise an option to borrow as much as $54 billion from the Swiss National Bank. Proterra, meanwhile, doubts it can survive in its current form and the stock plunges.