Will first republic bank die and not find a buyer in 2023?
13
20
Ṁ250
resolved May 1
Resolved
NO

resolves YES if first republic bank dies without a buyer in 2023. Resolves No if first republic bank is still a going concern.

Get Ṁ200 play money

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bought Ṁ100 of NO

https://www.wsj.com/articles/first-republic-bank-is-seized-sold-to-jpmorgan-in-second-largest-u-s-bank-failure-5cec723?st=cb4pz8qwbki9a88&reflink=mobilewebshare_permalink

predicted YES

Clarification question: if the FDIC takes it over and sells assets to other banks, does this market resolve to YES?

predicted YES

The U.S. Federal Deposit Insurance Corporation (FDIC) is preparing to place First Republic under receivership imminently, a person familiar with the matter said on Friday.

https://www.reuters.com/business/finance/us-regulator-set-take-over-first-republic-source-2023-04-28/

Article: First Republic Is Hanging On for Dear Life. Where Does the Bank Go From Here?

It will sell to private equity.

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