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foreign [Music] yet another bank is about to go belly up it says that first Republic stock poised for rise for second days Regional Bank searches for a rescue deal it says that shares of First Republic were moving higher on Friday as the Regional Bank looks for a potential rescue deal to reshape its business after suffering massive deposit outflows in the first quarters the stock was up more than four percent in pre-market trading or about 28 cents after Rising more than eight percent on Thursday the stock has fallen more than 90 percent this year as investors have lost confidence in the bank after two Regional lenders failed in March of course all of the uh the Silicon Valley stuff that happened it says it wrote it reported on Friday the U.S officials including the Federal Deposit Insurance Corporation Treasury Department and Federal Reserve are coordinating meetings with the other Banks to broker a rescue deal for First Republic this is a massive one too uh it says CNBC reported on