The U.S. regulators have asked banks for their best and final takeover offers for First Republic by Sunday afternoon. The Wall Street Journal reported that JPMorgan Chase and PNC are likely bidders for the ailing lender, which would be seized in receivership and immediately sold to the winning bank. If regulators led by the FDIC receive an acceptable offer by Sunday, it's possible a new First Republic owner could be announced early Monday. That scenario would create the least disruption for First Republic customers, who would start the week knowing their bank was now owned by a financially-stable operator.

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