Silicon Valley Bank
Search results
May 1, 2023 · First Republic Bank has been taken over by the Federal Deposit Insurance Corporation and will be sold to JPMorgan — the third major bank to go under in less than two months.
May 1, 2023 · The federal government seized First Republic Bank and sold it to JPMorgan Chase on Monday, ending the lender’s six-week-long free fall and reassuring depositors that their money is safe.
May 1, 2023 · 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 dominated the first half of this year.
May 1, 2023 · JPMorgan won’t keep the First Republic name. Instead, the bank will rebrand some wealth centers, with First Republic’s platforms and systems integrated into JPMorgan’s existing ones.
May 2, 2023 · First Republic Bank was teetering for weeks before it was seized early Monday by regulators, who then accepted a bid from banking giant JPMorgan Chase to acquire almost all of its assets....
Mar 16, 2023 · The biggest banks in the U.S. are stepping in to save First Republic Bank. A group of 11 lenders says they will deposit $30 billion in the beleaguered midsized lender in an effort to prop it...
May 1, 2023 · JPMorgan Chase is buying most assets of First Republic Bank after the nation’s second-largest bank failure ever, in a deal announced early Monday after a weekend of negotiations.
May 1, 2023 · Regulators seized control of First Republic Bank and sold it to JPMorgan Chase on Monday, a dramatic move aimed at curbing a two-month banking crisis that has rattled the financial system.
May 1, 2023 · Regulators seized troubled First Republic Bank early Monday and sold all of its deposits and most of its assets to JPMorgan Chase Bank in a bid to head off further banking turmoil in the U.S....
NEW YORK (AP) — Eleven of the biggest U.S. banks Thursday announced a $30 billion rescue package for First Republic Bank in an effort to prevent it from becoming the third to fail in less than a week and head off a broader banking crisis.
