JPMorgan Chase recently reached a deal with the FDIC to buy First Republic Bank
and Signature Bank, were taken over by the FDIC in March. Another, Silvergate, folded not long prior to that.
When talking about JPMorgan’s acquisition of First Republic in early May, Dimon said he thought the banking system was "very stable." Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., speaks during the Institute of International Finance annual membership meeting in Washington, DC, US, on Thursday, Oct. 13, 2022. This year's conference theme is
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