Banking System ‘Remains Sound’ After First Republic Resolution: U.S. Treasury May 1, 2023 The U.S. Treasury Department is encouraged that First Republic Bank was resolved with the least cost to the Deposit Insurance...
Update: JPMorgan Buys First Republic Bank’s Assets After Government Auction May 1, 2023 By Scott Murdoch, Niket Nishant and Chris Prentice Regulators seized First Republic Bank and sold its assets to JPMorgan Chase & Co. on Monday, in a deal to...
First Republic, KPMG Are Sued for Concealing Bank’s Risks April 25, 2023 By Jonathan Stempel First Republic Bank has been sued by shareholders who accused the beleaguered U.S. regional bank of concealing how rising interest...
Massachusetts to Investigate First Republic Executives’ Stock Sales: Reuters March 31, 2023 By Chris Prentice Massachusetts regulators have opened an investigation into sales of company stock by top executives at First Republic Bank in the...