JPMorgan Builds on Rich Clientele in First Republic Deal
Wall Street Journal
The rescue deal will see JPMorgan take on all of First Republic’s $92 billion in deposits and buy most of its assets, heading off a collapse that threatened to reignite the recent banking crisis.
https://www.wsj.com/articles/jpmorgan-builds-on-rich-clientele-in-first-republic-deal-5eccaa2b