First Republic Bank Sells Assets to Jp Morgan Chase and Co

First republic bank has been seized and they deal agreed to sell the bank to jp morgan chase and co. First republic had total assets of 229.1 billion dollars as of april 13th and a hundred and three billion dollars worth of deposits. CNN reported that all of these banks have either failed or announced the liquidation in just the past two months making investors and everyday customers uneasy but bankers and regulators agreed despite the scary headlines the system is overall sound now i think it's time for a little tin foil okay i think so because we we uncovered some stuffall right here we go oh you got one tooOh okay yeah all right cool yeah all rightYeah that's a good look you