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http://www.snopes.com/fact-check/first-republic-bank-failure/(permalink)
Author: snopescom
Factors
veracity
credible
language
English
Date published
2023-05-01
Entities
JPMorgan ChaseInterest rateBloomberg L.P.The TimesEconomistSilicon Valley BankAssociated PressFederal ReserveInflationIllinoisThe New York TimesChicagoSocial mediaTwitterUnited StatesFederal Deposit Insurance CorporationRepublic

Claims (1)

  • First Republic Bank was closed and sold to JPMorgan Chase on May 1, 2023, making it the second-largest U.S. bank failure in history based on its total assets.

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