First Horizon and TD Bank announced on Thursday they have mutually agreed to call off a planned $13 billion merger that would have formed the country’s six-largest bank.

Republic Bank is the first U.S. bank failure this year; the last failure was Citizens Bank, Sac City, Iowa, on November 3, 2023.” Republic Bank did not immediately respond to a request for comment.

First Republic Bank has become the third bank to fail in recent months and JPMorgan Chase will assume all of its assets, according to the Federal Deposit Insurance Corporation. The FDIC said the ...

Republic First Bank depositors can access their funds via checks or ATMs as early as Friday night, the FDIC said. If you have a Republic Bank ATM or debit card, or a check, you can still use them.

First Republic Bank has been taken over by the Federal Deposit Insurance Corporation and will be sold to JPMorgan — the third major bank to go under in less than two months.

Dimon also said buying First Republic's assets will help stabilize the U.S. banking system, which has been rocked in recent weeks by the sudden collapse in March of Silicon Valley Bank (SVB) and ...

Cleaning up First Republic’s collapse will cost the FDIC roughly $13 billion from the Deposit Insurance Fund (DIF), a pool of money funded by bank fees that exists to protect deposits.

On Monday, the Federal Deposit Insurance Corporation (FDIC) closed First Republic Bank after its share price fell by close to 50 percent. The federal regulator orchestrated a takeover of all ...

First Republic Bank was taken over by the Federal Deposit Insurance Corporation on Monday, with most of its assets sold to JPMorgan Chase. Here’s where things stand for customers.

First Republic Bank has been taken over by federal regulators and will be sold to JPMorgan — making it the third major bank to go under in less than two months.