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US prosecutors probe trading by First Republic’s former employees – Bloomberg Law

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© Reuters. FILE PHOTO: A security guard stands outside a First Republic Bank branch in San Francisco, California, U.S. April 28, 2023. REUTERS/Loren Elliott

(Reuters) – U.S. prosecutors are reviewing stock trading by some of First Republic Bank (OTC:)’s employees during the lender’s recent collapse, Bloomberg Law reported on Wednesday, citing people familiar with the matter.

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