Smaller U.S. Banks Say the Crisis Is Contained, but Fears Persist : Another U.S. Bank COLLAPSES Amid Crisis Fears

On Demand News 2023-05-04

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First Republic has become the third U.S. bank to collapse in the last few months.

A run on the bank throughout March saw First Republic's share price fall dramatically.

JP Morgan Chase has stepped in, and is set to take over all of the bank’s assets and deposits.

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