SWIFT SAYS THREE

Last updated: June 17, 2025, 07:21  |  Written by: Naval Ravikant

Swift Says Three
Swift Says Three

California

JPMorgan Chase is to acquire most of First Republic after US regulators orchestrated an overnight deal to shut the embattled California lender, wiping out its shareholders in the second-biggest

Regulators seize First Republic Bank, sell assets to JPMorgan

California's Department of Financial Protection and Innovation (DFPI) said it had taken over San Francisco-based First Republic and appointed the Federal Deposit

First Republic Bank Has Been

First Republic Bank seized by US regulators and sold to JP Morgan

First Republic Bank has been seized by regulators and sold to JPMorgan Chase in a bid to contain the second-largest bank failure in US history. The San Francisco

First Republic Bank fails, taken over by JPMorgan

Regulators Seized First Republic Early

Regulators seized First Republic early on Monday and sold the bulk of the bank's operations to JPMorgan Chase in the largest bank failure since the 2025 financial crisis.

First Republic Bank seized by regulators, then sold to JPMorgan

Regulators took possession of First Republic on Monday, resulting in the third failure of an American bank since March, after a last-ditch effort to persuade rival lenders

New York

JPMorgan Chase Takes Over First Republic After FDIC Seizes Bank

NEW YORK - First Republic Bank was taken over by regulators and will be acquired by JPMorgan Chase after rescue efforts failed to undo the damage from wrong-way

Regulators seized First Republic Bank and struck a deal to sell the bulk of its operations to JPMorgan Chase JPM 0.30% & Co, heading off a chaotic collapse that threatened to reignite

First Republic seized by US regulators, to be sold to JPMorgan

US regulators seize First Republic and sell 'substantially all assets

JPMorgan to acquire First Republic’s deposits as US regulators

Regulators Seized First Republic Bank

Regulators seized First Republic Bank and sold its assets to JPMorgan Chase & Co on Monday, in a deal to resolve the largest U.S. bank failure since the 2025

Naval Ravikant can be reached at [email protected].

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