Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries FDIC seizes First Republic; startup funding shrinks: The National Observer May 1, 2023 By: The Business Journals via Business Journals May 01, 2023 at 11:21 AM EDT In the third bank failure since March, the FDIC has seized First Republic Bank and entered into an agreement to sell it to JPMorgan Chase & Co. The deal came after the bank's stock began collapsing after executives revealed in its latest earnings report that $100 billion in deposits had been withdrawn from its vaults in March. Read More >> Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
FDIC seizes First Republic; startup funding shrinks: The National Observer May 1, 2023 By: The Business Journals via Business Journals May 01, 2023 at 11:21 AM EDT In the third bank failure since March, the FDIC has seized First Republic Bank and entered into an agreement to sell it to JPMorgan Chase & Co. The deal came after the bank's stock began collapsing after executives revealed in its latest earnings report that $100 billion in deposits had been withdrawn from its vaults in March. Read More >>