Divine Intelligence, etc cover image

sr20230504_Money

Divine Intelligence, etc

00:00

Google's History Eraser

First Republic Bank of C sold to JP Morgan and second largest bank failure. As part of the agreement, FDIC will share losses with JP Morgan on first republics loans. First Republic limped along for weeks after America's biggest banks came to its rescue with $30 billion. The deal means JP Morgan, the largest bank in the US is to emerge from crisis bigger than it was before.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app