???? JP Morgan Acquires First Republic Bank Assets
US banking giant JP Morgan Chase is set to acquire all assets of First Republic Bank (FRC) after the California Department of Financial Protection and Innovation closed the troubled bank.
???? With $229.1 billion in assets and $103.9 billion in deposits, JPMorgan will assume all of FRC's assets, including uninsured deposits, and 84 FRC locations across eight states will reopen as JPMorgan Chase Bank branches.
#somee
#bitcoin
#binance
#crypto
#bullish
#bearish
US banking giant JP Morgan Chase is set to acquire all assets of First Republic Bank (FRC) after the California Department of Financial Protection and Innovation closed the troubled bank.
???? With $229.1 billion in assets and $103.9 billion in deposits, JPMorgan will assume all of FRC's assets, including uninsured deposits, and 84 FRC locations across eight states will reopen as JPMorgan Chase Bank branches.
#somee
#bitcoin
#binance
#crypto
#bullish
#bearish
???? JP Morgan Acquires First Republic Bank Assets
US banking giant JP Morgan Chase is set to acquire all assets of First Republic Bank (FRC) after the California Department of Financial Protection and Innovation closed the troubled bank.
???? With $229.1 billion in assets and $103.9 billion in deposits, JPMorgan will assume all of FRC's assets, including uninsured deposits, and 84 FRC locations across eight states will reopen as JPMorgan Chase Bank branches.
#somee
#bitcoin
#binance
#crypto
#bullish
#bearish
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