Will first republic bank die and not find a buyer in 2023?
13
250Ṁ3375
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.

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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

predictedYES

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

predictedYES

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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