JPMorgan Chase takes over First Republic after U.S. seizure of ailing bank ...United Arab Emirates

CNBC - Economy
JPMorgan Chase takes over First Republic after U.S. seizure of ailing bank
source : CNBC ( United Arab Emirates ) () 36
JPMorgan acquired all of First Republic's deposits and a "substantial majority of assets." Its shares rose 2.6% in premarket trading on the news.

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