First Republic Bank Is Seized by Regulators and Sold to JPMorgan Chase

First Republic Bank Is Seized by Regulators and Sold to JPMorgan Chase

As part of its deal, 84 First Republic branches in eight states will reopen as JPMorgan branches on Monday.
Pressure Mounts on China to Offer Debt Relief to Poor Countries Facing Default

Pressure Mounts on China to Offer Debt Relief to Poor Countries Facing Default

There was optimism at the spring meetings of the I.M.F. and World Bank that China will make concessions over restructuring its loans.