Analyst predicts tough decision for First Republic

First Republic, a troubled regional bank, may have to continue as a standalone company as no buyer will be willing to take on its unrealized losses, according to Wedbush Securities. The bank has been exploring various options, including a sale, but Wedbush said it essentially has no other choice than to move forward as a standalone company due to the amount of unrealized losses on its balance sheet. Even a sale at $0 a share is unlikely because any buyer would still essentially have to pay billions to absorb those losses.