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A man walks near a First Republic Bank branch in New York City.
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First Republic Bank seized & sold

Just hours before US markets opened on Monday, regulators seized First Republic Bank and sold all of its deposits and most of its assets to JPMorgan Chase.

Silicon Valley Bank logo seen through broken glass.
News

Yellen brings bazooka to stop SVB contagion

The US government steps in to stop the collapse of Silicon Valley Bank from turning into another financial crisis.