JPMorgan Chase Emerges as Buyer for First Republic Bank The lending giant’s shares jumped on the news that it is buying First Republic. But investors are watching to see if the deal ends the regional banking crisis.
Jamie Dimon Reprises 2008 Role as Rescuer of a Failing Bank The JPMorgan chief executive led an effort to raise $30 billion for First Republic, but no one is sure if it did any good.
UBS and Other Bank Stocks Fall After Credit Suisse’s Firesale Investors are still spooked after UBS bought its Swiss peer, with confidence in the banking sector in short supply.
Don’t Call It a Bailout: Washington Is Haunted by the 2008 Financial Crisis The colossal bailouts after the 2008 collapse arguably saved the global economy, but they also provoked a ferocious popular backlash.