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1. • • NEW YORK, April 30 (Reuters) - PNC Financial Services Group (PNC.N), JPMorgan Chase & Co (JPM.N) and Citizens Financial Group Inc (CFG.N) were among banks that submitted final bids for First Republic Bank (FRC.N) on Sunday in an auction by U.S. regulators, sources familiar with the matter said.
     www.reuters.com › business › finance

     PNC, JPMorgan putting in final bids for First Republic Bank ...

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   Which Banks submitted final bids for First Republic Bank?

   • NEW YORK (Reuters) -PNC Financial Services Group, JPMorgan Chase & Co and Citizens Financial Group Inc were among banks that submitted final bids for First Republic Bank on Sunday in an auction by U.S. regulators, sources familiar with the matter said.

   PNC, JPM, Citizens among final bidders in First Republic auction -sources

   finance.yahoo.com/news/pnc-jpm-putting-final-bids-164656074.html

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   How much will First Republic pay the FDIC?

   • The biggest U.S. bank will get even bigger as a result of the deal for most of First Republic's assets. It will pay $10.6 billion to the U.S. Federal Deposit Insurance Corp (FDIC) as part of the deal.

   Explainer: Why First Republic Bank failed and what JPMorgan's deal

   www.reuters.com/business/finance/why-first-republic-bank-failed-what-jpmorgans-deal-means-2023-05-01/

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   What if First Republic was bought by the FDIC?

   • If there is a buyer for First Republic, the FDIC would likely be stuck with some money-losing assets, as was the case after it found buyers for the viable portions of SVB and Signature after it took control of those banks.

   Big banks are bidding for troubled First Republic as FDIC ... - CNN

   www.cnn.com/2023/04/29/business/first-republic-whats-next/index.html

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   How much money did FRC borrow from the Federal Reserve?

   • From Mar 10 through Mar 15, 2023, FRC’s borrowings from the Federal Reserve varied from $20-$109 billion at an overnight rate of 4.75%. Excluding $30 billion of uninsured deposits that it received from other banks, FRC’s cash position aggregated $34 billion as of Mar 15, 2023.

   First Republic (FRC) Gets $30B Uninsured Deposits From US Banks - Yah…

   finance.yahoo.com/news/first-republic-frc-gets-30b-154003753.html

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3. www.reuters.com › business › financePNC, JPMorgan putting in final bids for First Republic Bank ...

   www.reuters.com › business › finance

   May 1, 2023 · NEW YORK, April 30 (Reuters) - PNC Financial Services Group (PNC.N), JPMorgan Chase & Co (JPM.N) and Citizens Financial Group Inc (CFG.N) were among banks that submitted final bids for First...

4. finance.yahoo.com › news › 1-pnc-jpm-putting-finalUPDATE 8-PNC, JPM, Citizens among final bidders in First ...

   finance.yahoo.com › news › 1-pnc-jpm-putting-final

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   Apr 30, 2023 · PNC Financial Services Group, JPMorgan Chase & Co and Citizens Financial Group Inc were among banks that submitted final bids for First Republic Bank on Sunday in an auction by U.S....

5. finance.yahoo.com › news › first-republic-frc-getsFirst Republic (FRC) Gets $30B Uninsured Deposits From US Banks

   finance.yahoo.com › news › first-republic-frc-gets

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   Mar 17, 2023 · BAC. USB. First Republic Bank FRC announced receiving uninsured deposits aggregating $30 billion on Mar 16, 2023, from 11 banks of the country — Bank of America Corporation BAC, Citigroup Inc. C...

6. finance.yahoo.com › news › pnc-jpm-putting-finalPNC, JPM, Citizens among final bidders in First Republic ...

   finance.yahoo.com › news › pnc-jpm-putting-final

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   Apr 30, 2023 · NEW YORK (Reuters) -PNC Financial Services Group, JPMorgan Chase & Co and Citizens Financial Group Inc were among banks that submitted final bids for First Republic Bank on Sunday...

7. www.cnn.com › 2023/04/29 › businessBig banks are bidding for troubled First Republic as FDIC ...

   www.cnn.com › 2023/04/29 › business

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   Apr 29, 2023 · New York CNN —. Federal regulators are holding an auction for ailing regional bank First Republic, a person familiar with the matter tells CNN. Final bids are due for First Republic Bank at...

8. www.reuters.com › business › financeExplainer: Why First Republic Bank failed and what JPMorgan's ...

   www.reuters.com › business › finance

   May 1, 2023 · The failure of First Republic, which said last week it had first-quarter outflows of more than $100 billion, marks the demise of a third major U.S. bank in just two months, after Silicon Valley ...

9. seekingalpha.com › news › 3962392-jpmorgan-pncJPMorgan, PNC Financial, Citizens among bidders for First ...

   seekingalpha.com › news › 3962392-jpmorgan-pnc

   May 1, 2023 · PMorgan Chase (JPM), PNC Financial Services (PNC), and Citizens Financial Group (CFG) were said to be among the banks that had submitted bids for First Republic (FRC)