First Republic Bank will cease to exist in signage and style on May 24 when the remaining 62 branches nationwide close to complete the San Francisco bank’s takeover by JP Morgan Chase ...

JPMorgan Chase & Co. has laid off 335 contract employees across two of its San Francisco offices ... were previously occupied by First Republic Bank, which JPMorgan acquired during last year ...

stemmed from its purchase of First Republic in 2023 after the longtime San Francisco bank collapsed. Spokesperson Peter Kelley told SFGATE Friday that the workers were “all heritage First ...

American currency. Courtesy Ray Saint Germain/Bay City News. San Francisco-based First Republic Bank was closed Monday by the California Department of Financial Protection and Innovation.

American currency. Courtesy Ray Saint Germain/Bay City News. Another Bay Area bank was affected Monday by uncertainty in the financial markets following the failure of Silicon Valley Bank on Friday.

In May 2023, California banking regulators shut down the San Francisco-based ... Insurance Corp. (FDIC). First Republic represented the second biggest U.S. bank failure since the Great Recession.

J.P. Morgan acquired First Republic on May 1, 2023, after it was seized by regulators. Breslin joined General Catalyst on the same day and set about recruiting his former co-workers. It wasn't an ask, ...