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Full Version: JPMorgan Acquires First Republic
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The largest American bank JP Morgan came to the aid of the government and will acquire First Republic Bank. 

On Monday, May 1, the California financial regulator - California Department of Financial Protection and Innovation, announced that it will transfer control over the bank to the US state institution FDIC, which deals with the insurance of deposits in US banks.

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for infor
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[Image: Screenshot-2023-05-01-at-21-59-32-JPMorg...Leaves.png]