US: First Republic Bank shuts down, JP Morgan to take over assets | FDIC | Oneindia News
Oneindia
Oneindia
  • 11 months ago
On Monday, United States regulators said that First Republic Bank has been seized and a deal agreed to sell the bank to JPMorgan Chase & Co. This is the third major US institution to fail in two months.

#FirstRepublicBank #JPMorgan #FDIC
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