First Republic Bank seized, sold in fire sale to JPMorgan Date: 2023-05-02[abcnews.com] 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 in a bid to stop further banking turmoil that has dom... READ THE FULL NEWS >>
First Republic Bank seized, sold in fire sale to JPMorgan