Topic - First Republic Bank

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Illustration: Banking regulation by Greg Groesch for The Washington Times

New bank regulations will hurt small businesses, lower-income borrowers the most

By Stephen Moore

First Republic Bank signs and logos are displayed on a branch on April 26, 2023, in Wellesley, Mass. Regulators continued their search for a solution to First Republic Bank’s woes over the weekend before stock markets were set to open Monday, May 1. (AP Photo/Steven Senne, File)

First Republic hit with 1,000 job cuts after California bank was seized and sold to JPMorgan

By Ken Sweet - Associated Press

A pedestrian walks past a First Republic Bank in San Francisco on April 26, 2023. (AP Photo/Jeff Chiu, File)

First Republic Bank seized, sold to JPMorgan Chase

By Ken Sweet - Associated Press

People walk past the headquarters of First Republic Bank in San Francisco, Monday, May 1, 2023. Regulators seized troubled First Republic Bank early Monday, making it the second-largest bank failure in U.S. history, and promptly sold all of its deposits and most of its assets to JPMorgan Chase Bank in a bid to head off further banking turmoil in the U.S. (AP Photo/Haven Daley)

Biden says banking system is ‘safe and sound’ after regulators seize First Republic

By Jeff Mordock - The Washington Times

A television screen displaying financial news, including the stock price of First Republic Bank, is seen inside one of the bank's branches in New York's Financial District, on March 16, 2023. Customers of the bank pulled more than $100 billion in deposits out of the bank during the March crisis, as fears swirled that it could be the third bank to fail after the collapse of Silicon Valley Bank and Signature Bank. (AP Photo/Mary Altaffer, File)

First Republic tumbles at opening bell after depositors flee

Associated Press

A Chase bank sign in Richmond, Va., Wednesday, June 2, 2021. PMorgan reports earnings on Friday, April 14, 2023. (AP Photo/Steve Helber, File)

JPMorgan Chase profits jump 52% amid banking turmoil

By Ken Sweet - Associated Press

Customers and bystanders form a line outside a Silicon Valley Bank branch location, Monday, March 13, 2023, in Wellesley, Mass. SVB Financial Group is filing for Chapter 11 bankruptcy protection, Friday, March 17. SVB Financial Group is no longer affiliated with Silicon Valley Bank or the bank’s private banking and wealth management business, SVB Private. SVB Financial Group ran Silicon Valley Bank up until it was seized last Friday. (AP Photo/Steven Senne, File)

Nearly 200 banks teeter as Fed seeks inflation balance; rate hike risks more insolvency

By Dave Boyer - The Washington Times

Treasury Secretary Janet Yellen arrives in the Dirksen Senate Office Building, Thursday, March 16, 2023, on Capitol Hill in Washington. (AP Photo/Mariam Zuhaib)

Yellen says Chinese customers of failed Silicon Valley Bank will get money from U.S. fund

By Dave Boyer - The Washington Times

nullFILE- In this Jan. 11, 2019, file photo, Specialist John O'Hara, left, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Jan. 15. (AP Photo/Richard Drew, File)

Markets Right Now: Stocks close at highest level in a month

Associated Press