US Regulators Seize Control of First Republic Bank

The US regulators have seized control of First Republic Bank, making it the third financial institution taken under government control this year, then promptly accepted a bid from JPMorgan Chase for virtually the lender’s all assets.
Five key takeaways from Jamie Dimon’s letter to JPMorgan’s investors

Jamie Dimon, CEO of JPMorgan Chase & Co (JPM.N), published his closely watched annual letter to shareholders on Monday, covering critical issues including the war in Ukraine, the energy crisis, sanctions, inflation and interest rates