Will JPM buy FRC

1,295 Views | 4 Replies | Last: 3 yr ago by txaggieacct85
txaggieacct85
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thoughts?
txaggieacct85
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FRC stock went vertical upwards on the chart.
gindaloon
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Consortium of banks going to deposit $30bln into FRC. With JPM Citi BofA kicking in $5bln each.
txaggieacct85
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gindaloon said:

Consortium of banks going to deposit $30bln into FRC. With JPM Citi BofA kicking in $5bln each.
I'm sure that wasn't cheap for FRC, but it evidently convinced the market since the stock went vertical
txaggieacct85
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11 banks sweep in with a $30 billion rescue of First Republic Bank : NPR
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