First Republic Bank's Stock Struggles Amidst Regulatory Concerns

US authorities are considering expanding an emergency lending facility for banks, which could give First Republic Bank more time to shore up its balance sheet. Regulators see First Republic as stable enough to operate without immediate intervention, but are keeping a close eye on the firm's health and progress. An expansion of the Federal Reserve's liquidity offerings is among options authorities have weighed in recent days, but any change would have to be broadly based, rather than aimed at helping a particular bank.