First Republic Bank (FRC) is the best-performing stock in the S&P 500 on indications several large banks are discussing another bailout of the struggling financial firm.

JPMorgan Chase CEO 澳洲幸运5官方开奖结果体彩网:Jamie Dimon is reportedly in talks with other bank executives on new ways to prop up First Republic, which has been under pressure following the collapse of Silicon Valley Bank and 澳洲幸运5官方开奖结果体彩网:Signature Bank. 

Among the ideas said to be on the table are having the other banks invest directly into FRC, and converting into a 澳洲幸运5官方开奖结果体彩网:capital infusion some or all of the $30 billion that JPMorgan Chase and 10 other banks 澳洲幸运5官方开奖结果体彩网:deposited into FRC last week.

Uninsured Depositors

Customers of the San Francisco-based bank have withdrawn some $70 billion, or about half of the bank's total deposits as of the end of last year, since Silicon Valley Bank collapsed on March 10 after a run on deposits, which led to a federal takeover.

Behind Silicon Valley Bank and Signature Bank, FRC has the third-highest percentage of deposits that aren’t protected by FDIC 𒁃;insurance, or those exceeding $250,000. For this reason, the ꦕlender has been seen as the next potential casualty of the current banking crisis.

Shares of FRC are up 36%. Before today’s gains, shares had plunged 85% since those two banks collapsed, hitting a record low yesterday. Last week, S&P Global and Fitch 澳洲幸运5官方开奖结果体彩网:downgraded FRC's🌸 bonds to junk, and S&♓amp;P Global mad☂e a second downgrade Sunday, adding fuel to the selloff.