https://www.mercurynews.com/2023/05/01/first-republic-bank-seized-sold-to-jpmorgan-chase/

By KEN SWEET | AP Business Writer

NEW YORK (AP) — Regulators seized troubled First Republic Bank early Monday and sold all of its deposits and most of its assets to JPMorgan Chase Bank in a bid to head off further banking turmoil in the U.S.