First Republic Bank, which was downgraded to junk by S&P and Fitch, is looking at a possible sale: Bloomberg

• Ratings agencies S&P Global and Fitch cut First Republic's credit rating to junk status.
• The bank is now considering various options, including a sale and boosting liquidity Bloomberg reported.
• It could attract interest from larger lenders if it goes on sale.

First Republic Bank is considering various options, including a sale, Bloomberg reported Wednesday, citing people with knowledge of the matter.

The bank is expected to attract interest from larger lenders if it goes on sale, per Bloomberg. The San Francisco-based lender is also looking at options to boost liquidity, per the news outlet.