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Banks Are in the Grips of Investor Crisis of Confidence

First Republic Bank’s failure demonstrates why lenders are vulnerable to a loss of faith. Source link

Tech Workers Aren’t as Rich as They Used to Be

Stock declines have wiped out billions of dollars of paper gains meant for big-ticket expenses. Source link

Tech Workers Aren’t as Rich as They Used to Be

Stock declines have wiped out billions of dollars of paper gains meant for big-ticket expenses. Source link

JPMorgan CEO Contenders Are Holding the Reins at First Republic—Together

Marianne Lake and Jennifer Piepszak will take the lead in absorbing failed First Republic into America’s largest bank. Source link

Jamie Dimon Wins Again in First Republic Bank Deal

Mr. Dimon used JPMorgan’s massive balance sheet to beat out smaller banks to buy the troubled lender. Source link

First Republic Bank Is Seized, Sold to JPMorgan in Second-Largest U.S. Bank Failure

The deal will see JPMorgan take on all of First Republic’s $103.9 billion in deposits and buy most of its $229.1 billion in assets....

WSJ News Exclusive | JPMorgan, PNC Bidding for First Republic as Part of FDIC Takeover

A government seizure, then sale of First Republic could come as soon as this weekend. Big banks including JPMorgan and PNC are among those...

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