Federal regulators are scrambling to find a buyer for First Republic Bank as the banking company’s stock continue to tumble, according to a report. The Federal Deposit Insurance Corp. has asked ...

First Republic Bank has been taken over by federal regulators and will be sold to JPMorgan — making it the third major bank to go under in less than two months. The Federal Deposit Insurance Corp.

First Republic Bank was put into receivership by regulators early Monday. JPMorgan is taking over the failed lender and its deposits of almost $104 billion. First Republic's failure is the ...