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The news article reports that shares of First Republic have reversed their losses and regional bank stocks have pushed higher after CNBC’s David Faber reported that major U.S. banks are discussing a rescue plan for the bank. The stock had been down more than 30% earlier in the day. Western Alliance and PacWest have gained 12% and 1%, respectively, while all three had declined earlier in the session. The collapse of Silicon Valley Bank last Friday has left investors scrambling to identify other regional banks that have similar balance sheet issues, namely a high rate of uninsured deposits and bonds or loans with a long time to maturity. First Republic had the third-highest rate of uninsured deposits among U.S. banks and its stock was down nearly 75% in March as of Wednesday’s close. However, the bank’s debt has been downgraded by S&P Global Ratings and Fitch Ratings. The struggles for regional bank stocks have continued despite the announcement from U.S. regulators over the weekend of

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