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San Francisco-based First Republic Bank has been seized by federal regulators and sold to JPMorgan Chase & Co. in the largest bank failure so far this year. Houston Business Journal Select a City ...
SAN FRANCISCO – Eleven of the biggest U.S. banks Thursday announced a $30 billion rescue package for First Republic Bank in an effort to prevent it from becoming the third to fail in less than a ...
Trustmark Corp. in Jackson, Miss., said late Thursday that it has a deal agreement to acquire Republic Bancshares Inc. in Houston for $210 million in cash and stock. Republic has $654 million in ...
The biggest banks in the U.S. are stepping in to save First Republic Bank. A group of 11 lenders says they will deposit $30 billion in the beleaguered midsized lender in an effort to prop it up.
First Republic Bank, facing a crisis of confidence from investors and customers, is set to receive a $30 billion lifeline from a group of America's largest banks.