Wall Street leaders and US officials hold talks on intervention Bank of the First Republic FRC They are reportedly considering the possibility of government support to help a deal.

The group has launched a number of measures to make the lender more attractive to potential investors. reported Bloomberg.

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Among the options, the government could help lift assets at First Republic Bank that have impacted its balance sheet, the report said. Other ideas include offering liability protection, introducing more flexible capital rules or relaxing ownership share restrictions, the report said, citing sources.

Issue: While investors have shown interest, the lender’s unrealized losses are a cause for concern. Although talks continue, a number of issues remain unresolved and an agreement is not guaranteed, the report added. It is also unclear how the government would provide financial support.

In the meantime, JPMorgan Chase CEO Jamie Dimon has held talks with other executives from prominent banks to resolve the crisis. On Wall Street, investor optimism recovered after the Treasury Secretary Janet Yellen provided some reassurance for the US banking system on Tuesday as the Treasury Department is reportedly considering options to temporarily guarantee deposits above the FDIC limit of $250,000.

The SPDR S&P 500 ETF Trust SPY closed 0.96% higher and the Invesco QQQ Trust Series 1 QQQ up 0.35%. The focus has now shifted to federal reserve Policy hit earnings where the bulk of market participants Expect the central bank to hike rates by 25 basis points.

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