2023-04-28 15:35:00
global |
[휴스턴=뉴스핌] Correspondent Go In-won = CNBC reported on the 28th (local time) that First Republic Bank, which is in crisis due to a sharp drop in stock prices following large-scale deposit withdrawals, is highly likely to go over to the management of the Federal Deposit Insurance Corporation (FDIC).
Citing multiple sources, CNBC said there is a possibility of a rescue of the bank at the private level, but also a possibility that it will be handed over to FDIC management.
According to sources, the FDIC is meeting with several banks to see if they would be willing to participate as underwriters in a future sale of the bank’s assets if First Republic goes under FDIC management.
FDIC building [사진=블룸버그] 2023.03.30 [email protected]
Prior to CNBC’s report, Archyde.com reported that the FDIC, the US Treasury Department and the US Federal Reserve were coordinating a meeting with other private banks to broker a rescue plan for First Republic Bank at the private level.
The source said that although it is unclear whether the US government will intervene professionally in the bank’s private-level structure, the First Republic bank is busy preparing measures to avoid measures such as “forced court receivership” amid government participation.
According to sources, government officials are in the position that it would be preferable for the First Republic to come out of the crisis through private sector intervention rather than going into court receivership by the FDIC.
To this end, several options have been proposed, such as the establishment of a bad bank to separate asset sales and ‘underwater loans’, which are non-performing loans, but it is said that a solution has not yet been reached.
It is known that First Republic is hoping that the government will step in and persuade a private bank to buy some of First Republic’s assets or provide some kind of guarantee for it.
On the 28th, intraday stock prices of the bank plummeted by more than 50% following CNBC’s report on the possible bankruptcy of First Republic.
CNBC, on the other hand, did not mention anything regarding deposit guarantees for First Republic depositors if it goes to FDIC management.
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