JPMorgan Chase to acquire First Republic Bank for this amount, details inside

2023-5-1 16:00

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.

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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.

2023-5-1 13:18