Amna Nawaz
@PBSNewsHour·5.3M subscribers·62.2K videos
Economic concerns grow as First Republic Bank becomes 3rd major bank to fail this year
Posted
May 1, 2023
Views
15,022
Likes
219
Engagement
1.46%
May 1, 2023
15,022
219
1.46%
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5:39Now PlayingThe third major bank failure of the year has shaken the U.S. banking system. Federal regulators announced Monday that they seized First Republic Bank and accepted JPMorgan Chase's bid to buy the failed bank’s deposits and most of its assets. Amna Nawaz discussed the developments with Roben Farzad of Full Disclosure.
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