First Republic Bank Is a Problem With No Easy Solution

A regulatory seizure would bring its own set of problems

Photo-illustration by Alexandra Citrin-Safadi

First Republic Bank is running up against a grim reality in its fight for survival: There are seemingly no good options.

Any solution would likely require assistance from regulators, the government or other lenders. But the darkening economic outlook, bad lending decisions and limits on Washington policy makers pose hurdles for any intervention.

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