First Republic Bank's $30B Lifeline Reportedly Put Together By Yellen, Powell, Dimon

First Republic Bank's $30B Lifeline Reportedly Put Together By Yellen, Powell, Dimon

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The $30 billion deal to shore up First Republic Bank FRC was reportedly discussed by Treasury Secretary Janet Yellen, Federal Reserve Chair Jerome Powell, and JPMorgan Chase & Co JPM CEO Jamie Dimon this week. What Happened: Citigroup Inc’s C Jane Fraser also contacted large banks to rope them…

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