NYT , May 1, 2023 : |The New York Times BREAKING NEWS Regulators seized First Republic Bank and sold it to JPMorgan Chase

 

View in browser | nytimes.com   BREAKING NEWS Regulators seized First Republic Bank and sold it to JPMorgan Chase, the latest attempt to end the U.S. banking crisis that began in March. Monday, May 1, 2023 3:56 AM ET First Republic failed despite receiving a $30 billion lifeline from 11 of the country’s largest banks. It will go down in history as the second largest U.S. bank by assets to collapse. Read more ,