First Republic Bank Is Said to Weigh $100 Billion Asset Sales

First Republic reported disappointing earnings, revealing a significant drop in deposits. The bank is attempting to sell up to $100 billion in assets to shrink its balance sheet, aiming to attract external investors and possibly require government intervention. Despite these efforts, the bank's future remains uncertain, with potential buyers being considered and the need for a capital injection to continue operations. The bank, which targets wealthy clients, faces a bleak outlook unless a rescue deal is secured.

What were the earnings reported by First Republic, and how did analysts react to them?

What measures is First Republic taking to address its financial situation?

Who are potential buyers for First Republic, according to the discussion?

What challenges does First Republic face in continuing its operations?

What specific measures did First Republic unveil in its earnings report that could impact its business?