Tag Archives: First Republic Bank

JPMorgan Chase Acquires Failed First Republic Bank

The Associated Press reports: Regulators seized troubled First Republic Bank early Monday and sold all of its deposits and most of its assets to JPMorgan Chase Bank in a bid to head off further banking turmoil in the U.S. San Francisco-based First Republic is the third midsize bank to fail in two months. It is the second-biggest bank failure in …

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