The Limited Times

Now you can see non-English news...

US banks working on new plan for First Republic

2023-03-20T16:26:40.560Z


JPMorgan chief executive Jamie Dimon is spearheading ongoing talks with America's top banks to help First Republic. (HANDLE)


(ANSA) - NEW YORK, MARCH 20 - JPMorgan CEO Jamie Dimon is leading the ongoing negotiations with the number one of the big American banks to help FirstRepublic.

The plan being worked on, reports the WallStreet Journal, is to convert all or part of the 30 billion dollars in deposits already granted to FirstRepublic by the 11 major American banks into capital.

(HANDLE).


Source: ansa

All life articles on 2023-03-20

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.