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FRCB / JPMorgan Chase Closing 25% of First Republic's Branches After Acquisition

JPMorgan Chase Closing 25% of First Republic's Branches After Acquisition
J.P. Morgan Chase will close 21 of the 84 branches of its recent acquisition, First Republic Bank. About 100 employees will be affected by the closures, Reuters reported Thursday (June 1). Read More
Posted: Jun 1 2023, 18:00
Author Name: PYMNTS
Views: 110522

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FDIC publishes post-mortem of its supervision of failed First Republic Bank

By Reuters
September 8, 2023

FDIC publishes post-mortem of its supervision of failed First Republic Bank

A U.S. banking regulator said its supervisors could have been more aggressive in policing First Republic Bank's management of interest rate risk and u more_horizontal

The US government's been selling SVB and First Republic's wine collections. Past bank failures have put far weirder assets in federal hands.

By Business Insider
September 1, 2023

The US government's been selling SVB and First Republic's wine collections. Past bank failures have put far weirder assets in federal hands.

The US government has been auctioning Silicon Valley Bank and First Republic's wine collections. The Federal Deposit Insurance Corp. has seized many u more_horizontal

Flagstar Bank hires six First Republic teams to expand private banking

By Reuters
July 20, 2023

Flagstar Bank hires six First Republic teams to expand private banking

Flagstar Bank, a subsidiary of New York Community Bancorp , said on Thursday it has hired six private client banking teams from the now-defunct First more_horizontal

JPMorgan beats expectations with $14B profit boosted by First Republic acquisition

By New York Post
July 14, 2023

JPMorgan beats expectations with $14B profit boosted by First Republic acquisition

JPMorgan on Friday announced the Wall Street giant raked in $14 billion in profit in the second quarter -- despite CEO Jamie Dimon's dire economic pr more_horizontal

JPMorgan Chase profit jumps, helped by First Republic purchase

By Fox Business
July 14, 2023

JPMorgan Chase profit jumps, helped by First Republic purchase

JPMorgan Chase said on Friday that the bank's profits moved 67% higher over the second quarter, as borrowers' interest payments increased from the pur more_horizontal

JPMorgan's Profit Jumps 67% After First Republic Rescue

By WSJ
July 14, 2023

JPMorgan's Profit Jumps 67% After First Republic Rescue

Net interest income hit a third straight record, with the bank able to charge more on loans. more_horizontal

Paramount Group REIT to take an earnings hit as JPMorgan surrenders some lease space acquired through First Republic, SVB lease agreement terminated

By Market Watch
July 7, 2023

Paramount Group REIT to take an earnings hit as JPMorgan surrenders some lease space acquired through First Republic, SVB lease agreement terminated

Paramount Group Inc. PGRE, +6.58% disclosed Friday that it will take an earnings hit as JPMorgan Chase & Co. gave up about one-fourth of the leased of more_horizontal

First Republic employees are fleeing JPMorgan after the regional bank's acquisition

By CNBC Television
June 26, 2023

First Republic employees are fleeing JPMorgan after the regional bank's acquisition

Liz Hoffman, Semafor business and finance editor, joins 'Squawk Box' to discuss JPMorgan's ambitions in the wealth management space and more. more_horizontal


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