Three banks are in contention to purchase the Bank
Several banks have submitted final bids, in an auction to purchase First Republic.
PNC Financial Services, JPMorgan Chase and Citizens Financial Group were all involved the auction run by U.S. regulators.
The Federal Deposit Insurance Corporation (FDIC) has been trying to clinch a sale for the embattled bank for some time
The FDIC is expected to announce a deal on Sunday night before Asian markets open.
