US regulators say 11 banks to deposit $30 bln into First Republic Bank

Kitco Media
By Reuters
Published:
Updated:
Reuters
WASHINGTON, March 16 (Reuters) - Eleven banks have announced $30 billion in deposits into First Republic Bank, the Treasury Department, Federal Reserve, Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency said in a joint statement on Thursday.


(Reporting by Rami Ayyub; editing by Dan Whitcomb)

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