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Nightly News
Government officials race to seize and sell First Republic ahead of market open
NBC News Clone summarizes the latest on: Government Officials Race To Seize And Sell First Republic Ahead Of Market Open 171952197901 - Breaking News | NBC News Clone. This article is rewritten and presented in a simplified tone for a better reader experience.
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First Republic has reported losing over $70 billion following the bank turmoil in March. The federal government is accepting bids from competitor banks to buy up the troubled firm. NBC News’ Brian Cheung has the latest.April 30, 2023