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Boston will be affected by the bailout of First Republic Bank.

Financial experts say First Republic has a large financial footprint in Boston, and in particular the tech sector. WBZ-TV's Mike Sullivan reports.... ( read more ) LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing First Republic Bank Bailout Will Have an Impact on Boston The First Republic Bank's recent bailout will undoubtedly have a significant impact on the city of Boston. The San Francisco-based bank, which has numerous branches in the Boston area, was one of several banks that received a cash infusion from the Federal Reserve during the Covid-19 pandemic. This bailout is expected to have both short-term and long-term effects on the banking industry and the city of Boston. In the short term, the bailout will likely help the bank stay afloat during the pandemic. With many businesses struggling to stay open and repay loans, and in