First Republic Bank
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FRC: Buy 9 Green Setup

One of the most plugged-in high financiers thinks troubled regional bank First Republic Bank will need more than a few bucks from stronger rivals to stay afloat and prevent the return of the banking turmoil that dominated March's headlines.

“I think First Republic Bank is clearly on a watchlist, and probably somebody at some point will buy it. But the challenge there is that it needs government assistance,” The Carlyle Group co-founder David Rubenstein said in a lengthy chat on Yahoo Finance Live.

‌Rubenstein believes First Republic Bank’s finances are in such rough shape the government will have no choice but to step in.
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