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Home > Marketplace with Kai Ryssdal > What JPMorgan is getting out of the First Republic deal
Podcast: Marketplace with Kai Ryssdal
Episode:

What JPMorgan is getting out of the First Republic deal

Category: Business
Duration: 00:27:33
Publish Date: 2023-05-01 22:54:17
Description:

Banking giant JPMorgan Chase is taking over the failed First Republic Bank, but not without some guarantees. Turns out the deal was sweetened by the FDIC agreeing to be responsible for certain First Republic losses. Plus, what small banks are making of the turmoil. Then, FTC Chair Lina Khan on AI regulation and taking on powerful companies.

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