Por: The New York Times Business May 02, 2023
Lawmakers and regulators have spent years erecting laws and rules meant to limit the power and size of the largest U.S. banks. But those efforts were cast aside in a frantic late-night effort by government officials to contain a banking crisis by seizing and selling First Republic Bank to the country’s biggest bank, JPMorgan Chase.At about 1 a.m. Monday, hours after the Federal Deposit Insurance Corporation had been expected to announce a... + full article
Business Insider USA Business May 01, 2023
Jump to 0 An icon in the shape of a person's head and shoulders. It often indicates a user profile. An icon in the shape of a person's head and shoulders. It often indicates a user profile. All Featured About Follow Subscriptions US Markets Loading... H M S In the news... + más
Don't let the patriotic talk fool you. Here are 5 ways JPMorgan stands to win from buying First Republic Bank. | Business Insider
First Republic Bank seized, sold to JPMorgan Chase | New York Daily News
ABC News USA Business May 01, 2023
NEW YORK -- Regulators seized troubled First Republic Bank early Monday, making it the second-largest bank failure in U.S. history, and promptly 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... + más
MarketWatch USA Business May 01, 2023
The buyout marks the end of the latest chapter of turmoil in the banking sector after Silicon Valley Bank and others collapsed in March. JPMorgan CEO Jamie Dimon said the banking system was stable and that most lenders don’t have the exposure to uninsured deposits that First... + más
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New York Daily News USA Nation May 01, 2023
The struggling First Republic Bank was seized Monday by federal regulators and sold to JPMorgan Chase, marking the second-biggest U.S. bank failure ever. JPMorgan Chase says it acquired deposits and “the substantial majority of assets” from First Republic, which the Federal... + más
First Republic Bank seized, sold to JPMorgan Chase | ABC News
WPLG Local 10 USA Politics May 01, 2023
NEW YORK – Regulators seized troubled First Republic Bank early Monday, making it the second-largest bank failure in U.S. history, and promptly sold all of its deposits and most of its assets to JPMorgan Chase Bank in a bid to head off in the U.S. is the third midsize bank to... + más
First Republic Bank seized, sold to JPMorgan Chase | Associated Press
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