BREAKING: First Republic loses on wave of insolvency rumors!

Despite early reports of possible talks to shore up troubled First Republic Bank (FRC.US) the latest CNBC agency announcements suggest that the bank will most likely file for insolvency. The bank's shares are currently losing nearly 19%.

First Republic (FRC.US) shares tumbles below 5 USD. Source:xStation5

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BREAKING: First Republic loses on wave of insolvency rumors!

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