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.
First Republic Nears Federal Seizure as F.D.I.C. Seeks Buyers

First Republic Nears Federal Seizure as F.D.I.C. Seeks Buyers

JPMorgan and PNC, two of the country’s largest banks are said to be interested in acquiring the troubled lender after it is seized by the Federal Deposit Insurance Corporation.