CNBC Faber: The syndicate of banks are lining up to deposit funds into first Republic | Forexlive

David Faber from CNBC is reporting with more details on uninsured deposits into First Republic Bank

• Bank of America, Wells Fargo, JPM, and Citibank have all pledged $5 billion
• Goldman Sachs, Morgan Stanley has pledged $2.5 billion
• Truist, PNC, U.S. Bancorp, MT and Capital One are in for $1 billion each

First Republic Bank shares are trading at $35.30 up $4.14