Eleven financial institutions agreed to inject $30 billion in First Republic Bank A group of the largest US banks unveiled a $30 billion injection in troubled regional lender First Republic to inspire confidence in the country’s banking system amid a widening crisis triggered by the collapse of two other mid-size lenders. First Republic will receive uninsured deposits from the country’s eleven banking majors – Bank of America, Citigroup, JPMorgan Chase, Wells Fargo, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, PNC Bank, State Street, Truist, and US Bank – according to a statement released by First Repu
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