(WWJ) – The U.S. government on Monday seized and facilitated the sale of First Republic Bank to JP Morgan Chase, making it the second biggest bank failure in the country’s history.
It was the third bank to collapse this year, after Signature Bank and Silicon Valley Bank. On this Daily J podcast, WWJ’s Brian Fisher explores why banks have been failing and whether people need to wonder if their money is at risk.
Want The Daily J delivered right to you, every Monday-Friday? Subscribe wherever you get your podcasts, including on the FREE Audacy App.
Related
Related
