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Banking Turmoil: UBS Takes Over Credit Suisse, More "Junk" for First Republic 03/20/23

Squawk on the Street

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Is First Republic the Issue Right Now?

First republic remains the issue right now. That's certainly what I'm picking up in every call that I'm making. They've hired an investment bank to help them navigate this potentially, to help them sell themselves. It's unclear to me that there's anybody who's stepped up to really engage in serious talks with first republic.

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