Image JPMorgan Chase will pay $10.6 billion to acquire First Republic.Credit...Jim Wilson/The New York Times In the early hours of Monday morning, U.S. government officials seized First Republic Bank and then sold it to the country's biggest bank, JPMorgan Chase.Their action appears, for now, to have quelled nearly two months of turmoil in the banking sector that followed the sudden collapse of Silicon Valley Bank and Signature Bank in early March.
#people #development #researchers #introduction #surprisingly #acquisition #tech-companies #government-officials #monday-morning #interest-rates
[
add
]
[
|
|
...
]