Fix 2024 First Republic. Jpm) today announced it has acquired the substantial majority of assets and assumed the deposits and certain other liabilities of first republic bank from the federal deposit insurance. Regulators seized control of first republic bank on monday and accepted a bid from jpmorgan chase for virtually all of the lender's assets.

History, and promptly sold all of its deposits and most of its. Regulators seized control of first republic bank on monday and accepted a bid from jpmorgan chase for virtually all of the lender’s assets.