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JPMorgan, PNC bid to buy First Republic Bank amid possible FDIC takeover: report

Por: Fox Business Business April 29, 2023

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Breitbart’s John Carney discusses how the FDIC is preparing to place First Republic Bank under receivership imminently on ‘The Bottom Line.’ JPMorgan and PNC Financial Services Group are bidding to buy First Republic Bank after it's expected to be taken over by the government. The major banks are expected to place bids on First Republic Bank after it is taken over by the U.S. Federal Deposit Insurance Corporation and sold, sources... + full article



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