First Republic Bank's Stock Plunge Raises Liquidity Concerns

First Republic's stock price dropped nearly 30% on Wednesday after losing more than $100 billion in deposits during last month's banking system turmoil. The bank and its advisers are now considering a variety of alternatives to save the lender without being seized by US regulators, from the creation of a so-called "bad bank" to divesting $50 billion to $100 billion of long-dated securities and mortgages to make an eventual capital raise easier. The bank has a potential to avoid being seized by regulators, but it will require assistance from the US government.