First Republic talked with PE firm before JPMorgan financing, Reuters says

First Republic Bank (FRC) was in talks with at least one private equity firm about raising funds prior to securing finanzing from JPMorgan Chase (JPM) and U.S. authorities intervened with support for the sector, Reuters’ Greg Roumeliotis, Paritosh Bansal, and Megan Davies report, citing two sources familiar with the matter. Reference Link