First Republic tells CNBC’s David Faber that it is "engaged in talks with multiple parties about our strategic options while servicing clients," the reporter noted in an on-air report. However, Faber added that his sources indicate to him that it appears the "window is closing fast" for the company.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on FRC:
- U.S. government bodies lead talks for First Republic, Reuters reports
- FRC Gains after News of U.S. Officials Leading Rescue Talks
- Notable open interest changes for April 27th
- First Republic may face curb on Fed borrowings, Bloomberg says
- First Republic halts for volatility as report says Fed borrowing may be curbed
