First Republic Bank , the beleaguered U.S. regional lender, is looking at ways to downsize if its attempts to raise new capital fail, sources said, while U.S. bank CEOs met in Washington after the collapse of three lenders stunned markets.
First Republic surged as much as 60% on Tuesday and was last up more than 30% in late trading.
JPMorgan is advising First Republic on its options to raise capital from investors, a source familiar with the situation previously said.
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