JPMorgan Chase to acquire First Republic Bank

A deal for First Republic, which had total assets of $229.1 billion as of April 13, comes less than two months after Silicon Valley Bank and Signature Bank failed amid a deposit flight from US lenders.

May 1, 2023 - 16:30
JPMorgan Chase to acquire First Republic Bank
A deal for First Republic, which had total assets of $229.1 billion as of April 13, comes less than two months after Silicon Valley Bank and Signature Bank failed amid a deposit flight from US lenders.