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Lender. this is a major regional bank. as of the end of march, itted a $233 billion in assets. so that means that if the fdic does step in to take over this bank, it would be the second largest bank failure in american history. as you can see on your screen. that stock chart shows all of the concern about first republic right now. it's down 97% since march, when this banking crisis began. and the stock took another hit last week after first republic revealed that 41% of its deposits fled the bank last quarter. that worked out, fredricka, to a stunning $72 billion in loss of deposits. >> oh, my...

Not any big banks have bid enough to satisfy regulators. but we should find out pretty soon. in the past we've seen that u.s. officials have tried to come up with solutions during the middle of a bank crisis before global markets open. the clock is ticking. markets open in tokyo in less than two hours. now, first republic has been teetering really for weeks. this bank's stock price is down by 97% since the bank crisis began in march. march 1, it was trading at $122. look at that. it's now below $4. and for some context, this is not some tiny bank. it held $233 billion in assets as of the end o...

Broader banking crisis that is really casting a shadow over the american economy. the fdic is running an auction as we speak trying to find a bidder for first republic. that's according to a source familiar with the matter. final bids are expected -- are due at 4 p.m. eastern time. that's just 40 minutes away. it does seem likely that u.s. officials would want to announce something here this evening. i mean, in past crises, we've seen that u.s. officials have tried to announce a solution, certainly before u.s. markets open monday morning but often even before asian markets open. the clock is t...

Weeks. the stock price is down by 97% since early march. on march 1, it was trading at $122 a piece. now it's below $4. it's really a breathtaking drop. now, in case you're not familiar with first republic, this bank is sitting on $233 billion in assets. that means if it were seized by the fdic, it would be the second biggest bank failure in american history. now, it's based in san francisco, has 82 branches across eight states and for the longest time, it was the envy of the banking industry because it caters to wealthy clients. but two-thirds of its deposits are uninsured as of the end of la...

Nurses will walk out again here next tuesday. zoe conway, bbc news. there have been lots of figures talked about by the government in the various pay disputes it's facing, so we've taken a closer look at the calculations to try to get an accurate picture. earlier this week, the health secretary steve barclay told us that giving everyone in the public sector a pay rise in line with inflation would cost £28 billion. if everyone in the public sector were to receive a pay rise in line with inflation, that would cost an extra £28 billion, an extra thousand pounds per household. the bbc reality ch...