The government is attempting to allay fears of a growing crisis US officials are making urgent efforts to rescue the struggling First Republic Bank, as attempts by private-sector companies have thus far failed, Reuters reported on Friday, citing sources. People familiar with the matter told the outlet that the Federal Deposit Insurance Corporation (FDIC), Treasury Department, and Federal Reserve have arranged meetings with financial firms in recent days in an effort to hand the distressed lender a lifeline. Sources claimed that the step could pave the way for more parties, including banks and private equity compa
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