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2008 financial crisis

First Republic Bank seized, sold to JP Morgan Chase

First Republic Bank seized, sold to JP Morgan Chase

Regulators seized troubled First Republic Bank early Monday and sold all of its deposits and most of its assets to JP Morgan Chase Bank in a bid to head off further banking turmoil
11 of biggest banks create USD 30B rescue package for First Republic
11 of biggest banks create USD 30B rescue package for First Republic
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