What happens to First Republic Bank's stock and deposits now?
JPMorgan Chase is buying the troubled lender after it became the second biggest bank failure in U.S. history.
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JPMorgan Chase is buying the troubled lender after it became the second biggest bank failure in U.S. history.
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
California regulators have seized control of struggling First Republic Bank. The FDIC accepted a bid from JPMorgan Chase to assume First Republic's deposits and virtually all of its assets. Javier David, CBS News contributor and managing editor for business and markets at Axios, joined Anne-Marie Green and Vladimir Duthiers to discuss this latest major bank failure.
JPMorgan Chase is taking over First Republic Bank after it was seized by federal regulators. It marks the third American bank failure in the past two months. Rachel Ensign, a reporter for The Wall Street Journal, joins CBS News with more.
Several major banks are seeing growth with the release of their first quarter earnings. The positive news comes a month after the collapse of Silicon Valley bank and Signature Bank. Jacob Sonenshine is a markets reporter at Barron's. He joins CBS News for more.
Collapse of Silicon Valley Bank and other lenders will reverberate "for years to come," top banking executive says.
Forced sale of a storied investment bank and lax U.S. financial rules are renewing concerns about the banking sector.
Prosecutors in the Virgin Islands allege Epstein paid off underage girls by wiring them funds from a Chase bank account.
This week on "Face the Nation with Margaret Brennan," President Biden reaches a deal with Vladimir Putin to free an American, but where does this high-stakes diplomacy lead? We'll speak to Democratic Rep. Adam Schiff of California and the family of another American held in Iran. Plus, JPMorgan Chase CEO Jamie Dimon, Fiona Hill and Chris Krebs join us.
Watch the full version of an interview with JPMorgan Chase CEO Jamie Dimon that aired on Dec. 11, 2022, on "Face the Nation with Margaret Brennan."
Missed the second half of the show? The latest on the Family of Emad Shargi urging Biden to do more to secure release from Iran; Fiona Hill and Chris Krebs on the Griner-Bout prisoner exchange; and Jamie Dimon opens a community branch in west Baltimore.
Jamie Dimon, the CEO of JPMorgan Chase, discusses the economic impact of Russia's war in Ukraine, China loosening its "zero COVID" policy, mortgage rates and more.
J.P. Morgan Chase & Co. CEO Jamie Dimon, House Intelligence Committee Chairman Rep. Adam Schiff, and more, will appear on "Face the Nation with Margaret Brennan" this Sunday.
JPMorgan Chase CEO Jamie Dimon spoke with "Face the Nation" moderator Margaret Brennan about the state of the economy and how geopolitical issues could play a role. He warned of a mild recession in 2023. Brennan joins CBS News' John Dickerson on "Prime Time" with more on the interview.
Rapper formerly known as Kanye West was recently blocked on Twitter and Instagram for making antisemitic comments.
Brian Sozzi, editor-at-large and anchor for Yahoo Finance Live, joined CBS News' Tanya Rivero and Nikki Battiste to discuss the latest on the stock market and other financial news.
JPMorgan Chase, the nation's largest bank, announced plans this week to open 70 new branches and hire 700 new employees in the Washington D.C., Virginia and Maryland area. It's part of a five-year, $20 billion investment supporting economic growth in the region. "Red & Blue" has more of "CBS Evening News" anchor Jeff Glor's conversation with JPMorgan Chase chairman and CEO Jamie Dimon about the expansion, President Trump -- and Dimon's possible future in politics.
It won't necessarily be a recession, but expect a rocky road ahead, warns the JPMorgan Chase CEO.
High inflation and Russia's Ukraine war may "dramatically increase the risks ahead," Dimon wrote in his annual shareholder letter.
President Trump aiming for unity in State of the Union address; New health care company could shake up the industry.
"It's never right to joke about or denigrate any group of people," JPMorgan Chase CEO said in a statement.
Dimon and the CEOs of five of the nation's biggest banks testified before the Senate Banking Committee.
Amazon, Berkshire Hathaway and JPMorgan Chase announced plans to create a new health care company aimed at tackling rising insurance costs. CBS News business analyst Jill Schlesinger explains how it could impact the economy.
Three of America's best-known companies are joining forces to tackle rising health care costs.
Republican lawmakers are expected to unveil a tax reform plan, but many of the details are still under wraps. On Tuesday JPMorgan Chase CEO Jamie Dimon and IBM CEO Ginni Rometty sat down with "CBS This Morning" co-host Norah O'Donnell to talk tax reform, accelerating economic growth and solving DACA. Dimon also explains his comment earlier this year that being an American is "almost an embarrassment."