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JPMorgan Chase to acquire First Republic Bank for this amount, details inside
The Federal Deposit Insurance Corp has named JPMorgan Chase as the buyer of First Republic Bank. JPMorgan will take over $229 billion in assets and $103 billion in total deposits from the troubThe post JPMorgan Chase to acquire First Republic Bank for this amount, details inside appeared first on AMBCrypto. дальше »
2023-5-1 16:00 | |
JPMorgan to takeover First Republic bank
Investment banking giant JPMorgan Chase will assume over $330 billion worth of deposits and assets of struggling First Republic Bank. According to a May 1 statement, the Federal Deposit Insurance Corporation (FDIC) said it was appointed as the receiver of the First Republic Bank after it was closed by California’s Department of Financial Protection and […] The post JPMorgan to takeover First Republic bank appeared first on CryptoSlate. дальше »
2023-5-1 13:18 | |
Bitcoin, stocks seesaw after 0.50% ECB rate hike jolts markets
Bitcoin retested the $25,000 area, while S&P 500 had gained about 1% after plunging on ECB interest rate hike news. The ECB on Thursday surprised with a 50 basis point rate hike. Reports that JPMorgan and Morgan Stanley are looking to help First Republic Bank buoyed stocks. дальше »
2023-3-17 20:01 | |