Federal regulators plan to seize and sell San Francisco-based First Republic Bank this weekend. Banks must make their best and final offers by tomorrow. First Republic Bank would be the third U.S. bank to fail since Silicon Valley Bank collapsed in March. 

To help us make sense of all this, Dan Mitchinson spoke with Xu Jiang, a professor at Duke University’s Fuqua School of Business.

<p>Federal regulators plan to seize and sell San Francisco-based First Republic Bank this weekend. Banks must make their best and final offers by tomorrow. First Republic Bank would be the third U.S. bank to fail since Silicon Valley Bank collapsed in March. </p>
<p>To help us make sense of all this, Dan Mitchinson spoke with Xu Jiang, a professor at Duke University’s Fuqua School of Business.</p>

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