Topics: First Republic Bank

JPMorgan Chase has made a significant move by buying back most of the assets of First Republic, a troubled bank that has been rescued by the US officials.

JPMorgan Chase has made a significant move by buying back most of the assets of First Republic, a troubled bank that has been rescued by the US officials.

First Republic Bank, the third-largest bank in the United States, is said to be at risk of collapsing like two other banks in the country, Silicon Valley and Signature.

First Republic Bank, the third-largest bank in the United States, is said to be at risk of collapsing like two other banks in the country, Silicon Valley and Signature.

The California-based First Republic Bank (FRB) is facing a difficult situation, with shares plummeting and customers withdrawing $100 billion in deposits during the turmoil in March.

The California-based First Republic Bank (FRB) is facing a difficult situation, with shares plummeting and customers withdrawing $100 billion in deposits during the turmoil in March.

A group of 11 major financial institutions in America came together to deposit a whopping $30 billion into the First Republic bank, in order to revive confidence in American banks.

A group of 11 major financial institutions in America came together to deposit a whopping $30 billion into the First Republic bank, in order to revive confidence in American banks.