The San Francisco-based First Republic Bank became the new entrant to the banking crisis plaguing the US economy after it was placed under the receivership of the US Federal Deposit Insurance Corporation (FDIC).

Explained: What's happening at First Republic? The cascading fall of another US bank

First Republic Bank's (FRC.N) efforts to secure a capital infusion continued without success on Tuesday, as the troubled regional lender started to plan for the possibility it may need to downsize or get a government backstop.

First Republic seeks new ways to escape losses

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Explained: What's happening at First Republic? The cascading fall of another US bank

First Republic seeks new ways to escape losses