Bitcoin Rally In Sight; U.S. Officials Seeks To Rescue First Republic

Also Read: XRP Whales React To Ripple’s XRP Q1 Report

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As per reports, U.S. officials are in urgent talks to rescue First Republic Bank (NYSE: FRC) as it nears a slump. This development comes in when private sector companies’ attempts led by bank advisers haven’t been able to crack a deal.

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The Federal Deposit Insurance Corporation (FDIC), the Treasury Department and the Federal Reserve are reportedly the agencies leading the rescue talks with financial companies over the past few days.

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