JPMorgan Chase’s purchase of First Republic Bank is intended to end a budding financial crisis, but it risks doing so by reviving a political battle over the power of the nation’s largest ...

American currency. Courtesy Ray Saint Germain/Bay City News. Another Bay Area bank was affected Monday by uncertainty in the financial markets following the failure of Silicon Valley Bank on Friday.

First Republic Bank had a knack for making customers feel special. Its new owner isn’t getting such rave reviews. Over Memorial Day weekend, all First Republic customers were moved over into ...

JPMorgan Chase Bank will assume all the deposits of First Republic Bank, including all uninsured deposits and nearly all of First Republic’s assets, state regulators said Monday, May 1.

The vast majority of First Republic employees, roughly 7,200 before it ran into trouble, were offered jobs by JPMorgan, meaning that about 15 per cent of the bank's employees were let go.

JPMorgan Chase expects to earn more in net interest income this year on the back of its takeover of failed First Republic Bank. The forecast goes counter to other US banks' shrinking profits ...