Federal Regulators Seized First Republic Bank
Federal Regulators have seized First Republic Bank, and they sold all of its deposits and most of its assets to JPMorgan Chase Bank.
First Republic Bank to Get $30 Billion in Deposits form 11 U.S. Banks
The First Republic Bank will get $30 billion in funds from Bank of America, JP Morgan Chase and 9 other banks in a deal to halt a banking crisis.