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Second Largest Bank Failure in US History: First Republic Bank has been seized by US Regulators

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Second Largest Bank Failure in US History: First Republic Bank has been seized by US Regulators
Stone Offline
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05-01-2023, 06:35 AM
First Republic Bank has been seized by U.S. regulators. The bank will be sold to JPMorgan Chase.

This is the second largest bank failure in U.S. history. FDIC estimates a $13 billion loss to the deposit insurance fund.


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Second Largest Bank Failure in US History: First Republic Bank has been seized by US Regulators - by Stone - 05-01-2023, 06:35 AM

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