Second Largest US Bank Failure In History: First Republic Bank Seized By FDIC, Sold To JPMorgan
Second Largest US Bank Failure In History: First Republic Bank Seized By FDIC, Sold To JPMorgan by Tyler Durden, https://www.zerohedge.com/ Heading into the weekend, US regulators were facing a dilemma over the fate of First Republic Bank: either let the insolvent California bank fail and bail-in some (or all) of the $30 billion in uninsured rescue …