News Analysis
Regulators seized First Republic Bank on May 1 and sold off its assets to JPMorgan Chase, wiping out the bank’s shareholders and making First Republic the fourth U.S. regional bank to fail this year.
ANALYSIS: Why Short Sellers Are Winning Big on Bets Against Bank Shares
Bank failures a 'self-fulfilling prophecy' as shareholders, customers flee regional banks
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Traders work on the floor at the New York Stock Exchange on March 13, 2023. Craig Ruttle/AP Photo
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