First Republic plumbs new lows, options dwindle

First Republic Bank‘s market value plunged again on Wednesday as investors waited to see if it would be able to find buyers for assets and engineer a turnaround without government support. In a brutal sell-off, the bank‘s market capitalization briefly sank as much as 41 percent to about $888 million and the first time under $1 billion, a far cry … Continue reading First Republic plumbs new lows, options dwindle