Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Coinpedia Fintech News on April 29, 2023, 07:38:08 AM

Title: JPMorgan and PNC in a race to acquire First Republic Bank
Post by: Coinpedia Fintech News on April 29, 2023, 07:38:08 AM

First Republic Bank FRC is reportedly being sought after by JPMorgan and PNC as part of a bid to acquire the bank in connection with the FDIC takeover.

The government's seizure of First Republic Bank FRC may lead to a potential purchase as early as this weekend, according to a recent report by The Wall Street Journal.