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.

PHILADELPHIA (CBS/AP) -- Philadelphia-based Republic First Bank was closed by state regulators Friday night and its assets were given to the Federal Deposit Insurance Corp., FDIC announced in a news ...

First Republic Bank was teetering for weeks before it was seized early Monday by regulators, who then accepted a bid from banking giant JPMorgan Chase to acquire almost all of its assets. That move is ...

First Republic became the second-largest bank to fail in American history Monday after the federal government oversaw the offloading of its assets to JPMorgan Chase – here’s what led to the stunning ...

First Republic is the second-largest bank by assets to fail in U.S. history. Here are some answers to questions you may have about what comes next for the bank and for depositors’ money. By Lora ...

Republic First Bancorp was seized by Pennsylvania regulators Friday, following a failed deal earlier this year to infuse the Philadelphia-based regional bank with new funds, amid a decline in deposits ...

Big banks gave the regional lender a $30 billion lifeline following the collapse of Silicon Valley Bank, but it has yet to raise more cash, sell assets — or itself. By Andrew Ross Sorkin Ravi Mattu ...

Shares of First Republic Bank slumped 49% on Wall Street on Tuesday after the lender reported that its deposits shrank by $100 billion in the first quarter of this year. Analysts at Wells Fargo said ...

First Republic will likely see its net interest margin decline this year. But loan growth is expected to be quite strong. First Republic also sees a big opportunity to gain market share among high-net ...