JP Morgan, Morgan Stanley in talks to shore up First Republic Bank - WSJ

Several of the biggest US lenders are in talks to shore up First Republic Bank.

According to the Wall Street Journal, which cited people familiar with the matter, a capital injection could be a part of the solution.

A capital raise was another possibility and might take various forms, as was a full takeover although at present that appeared to be unlikely.

JP Morgan and Morgan Stanley were said to be among the lenders involved in the talks.

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