The beleaguered bank is trying to raise money through a private issue of new shares, according to the New York Times, which cited people familiar with the situation.
The news comes just 24 hours after First Republic secured a cash infusion of $30 billion from a consortium of banks, CNN reported.
A full sale of the bank remains on the table, according to one of the people who spoke to the New York Times.
Bu hikaye The Statesman dergisinin March 19, 2023 sayısından alınmıştır.
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Bu hikaye The Statesman dergisinin March 19, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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