What you need to know about the Bank of the First Republic


First Republic Bank is particularly welcomed by its customers – mostly high-net-worth individuals and businesses – but the San Francisco-based bank’s nearly 40-year history has been a bumpy ride. First Republic Bank has been seized by regulators and sold to JPMorgan Chase, the Federal Deposit Insurance Corporation announced early Monday morning, making First Republic the third major bank failure in eight weeks.

Leave a Comment