The sale process kicked off this week after the lender that got swept up in a banking crisis last month failed to come up with a deal without government help
Banks including Citizens Financial Group Inc, PNC Financial Services Group and JPMorgan Chase & Co are among roughly half a dozen bidders vying to buy First Republic Bank in an auction process being run by U.S. regulators, according to sources familiar with the matter.
The process kicked off this week after the lender that got swept up in a banking crisis last month failed to come up with a deal without government help, three of the sources familiar with the situation said.
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