Big banks create $30B rescue package for First Republic
A television screen displaying financial news is seen inside one of First Republic Bank's branches in the Financial District of Manhattan, Thursday, March 16, 2023. The S&P 500 was 0.8% higher in midday trading after erasing an earlier loss of nearly that much following reports that First Republic Bank could receive financial assistance or sell itself to another bank. (Mary Altaffer/AP)
KEN SWEET, AP Business Writer
Originally Published: March 16, 2023 1:32 p.m.
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