Regulators seize First Republic Bank, sell assets to JPMorgan
Regulators seized First Republic Bank (FRC.N) and sold its assets to JPMorgan Chase & Co (JPM.N) on Monday, in a deal to resolve the largest U.S. bank failure since the 2008 financial crisis and draw a line under a lingering banking turmoil. First Republic was among regional U.S. lenders most…
#firstrepublicbank #jpmorganchaseco #firstrepublic #jpmorgan #fdic #washingtonmutual #wedbush #jamiedimon #bearstearns #depositinsurancefund