What JPMorgan Chase's takeover of First Republic Bank means for customers, banking sector
4:40
CBS News
What JPMorgan Chase's takeover of First Republic Bank means for customers, banking sector
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.
May 1, 2023
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