Dw News
@dwnews·6.3M subscribers·48.6K videos
JP Morgan Chase steps in to buy beleaguered First Republic Bank | DW Business
Posted
May 1, 2023
Views
19,618
Likes
225
Comments
85
Engagement
1.58%
May 1, 2023
19,618
225
85
1.58%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
3:40Now PlayingUS government have seized California's embattled First Republic Bank. A major Wall Street Bank, JP Morgan Chase, is stepping in to buy it.
The San Francisco-based First Republic is the third midsize bank to fail in two months, after Silicon Valley Bank and Signature Bank. J-P Morgan Chase Bank will assume all of First Republic's loans and most of its assets. The bank has a large amount of uninsured deposits and a high exposure to low interest rate loans.
For more news go to
Follow DW on social media:
Für Videos in deutscher Sprache besuchen Sie
#FirstRepublicBank #JPMorganChase #FDIC
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
