First Republic Bank seized and sold to JPMorgan Chase
May 01, 2023 at 05:11 AM EDT
First Republic Bank seized and sold to JPMorgan Chase By Kia Kokalitcheva, Dan Primack, Axios First Republic Bank was seized by regulators and sold to JPMorgan Chase the Federal Deposit Insurance Corporation announced early Monday morning, making First Republic the third major bank failure in eight weeks. Why it matters: First Republic is the latest victim of a […] Source