*FDIC ASKS JPMORGAN, PNC FOR FINAL FIRST REPUBLIC BIDS DUE SUNDAY $JPM $PNC $FRC
) by Sunday after gauging their initial interest earlier in the week, Bloomberg News reported.
Based on those submissions on Friday, the FDIC invited at least two companies to the next step in the bidding, the report added, citing people familiar with the matter. PNC Financial declined to comment on the Bloomberg report. JPMorgan did not immediately respond to a voicemail and email seeking comment.
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