• 11/25/2024

JPMorgan, PNC Bid to Buy First Republic as Part of FDIC Takeover

Wall Street Journal

Big banks including JPMorgan Chase & Co. and PNC Financial Services Group Inc. are vying to buy First Republic Bank in a deal that would follow a government seizure of the troubled lender.

https://www.wsj.com/articles/jpmorgan-pnc-bid-to-buy-first-republic-as-part-of-fdic-takeover-aeb936a0