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First Republic Bank seized, sold in fire sale to JPMorgan | Chattanooga Times Free Press

Regulators seized troubled First Republic Bank early Monday, making it the second-largest bank failure in U.S. history, and promptly sold all of its deposits and most of its assets to JPMorgan Chase in a bid to end the turmoil that has raised questions about the health of the U.S. banking system.

First Republic Bank seized sold in fire sale to JPMorgan

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