{"id":2888,"date":"2023-05-01T16:38:55","date_gmt":"2023-05-01T20:38:55","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/jpmorgan-to-take-over-first-republic-after-fourth-bank-blow-up-of-the-year\/"},"modified":"2023-05-01T16:38:56","modified_gmt":"2023-05-01T20:38:56","slug":"jpmorgan-to-take-over-first-republic-after-fourth-bank-blow-up-of-the-year","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=2888","title":{"rendered":"JPMorgan to take over First Republic after fourth bank blow-up of the year"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0001989572\">\n<div class=\"snippet__body\">\n<p>JPMorgan Chase has won the auction to take over fallen First Republic Bank, the Federal Deposit Insurance Corp. announced early Monday morning, making it the third major regional bank to be sold after a bank failure since March.<\/p>\n<p>The deal will see America\u2019s largest bank JPM assume all the deposits and \u201csubstantially all the assets\u201d of First Republic FRC, which became the fourth U.S. bank to fail this year.<\/p>\n<p>\u201cOur&#8230;\n    <\/p>\n<\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/jpmorgan-to-take-over-first-republic-after-regional-bank-was-closed-2ccd8069?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>JPMorgan Chase has won the auction to take over fallen First Republic Bank, the Federal Deposit Insurance Corp. announced early Monday morning, making it the third major regional bank to be sold after a bank failure since March. The deal will see America\u2019s largest bank JPM assume all the deposits and \u201csubstantially all the assets\u201d [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2889,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-2888","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>JPMorgan to take over First Republic after fourth bank blow-up of the year | iFintechWorld<\/title>\n<meta name=\"description\" content=\"JPMorgan Chase has won the auction to take over fallen First Republic Bank, the Federal Deposit Insurance Corp. announced early Monday morning, making it\" \/>\n<meta name=\"robots\" content=\"index, follow, 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