The fall of First Republic Bank /

In May 2023, First Republic Bank (FRC) was seized by regulators and then sold to JP Morgan Chase. This case showcases how FRC and other small banks in the United States failed to comprehend the trends in the economy which led to their collapse and the problems faced by the companies that had deposit...

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Bibliographic Details
Main Author:	Mehta, Shreshthi (Author)
Format:	eBook
Language:	English
Published:	London : SAGE Publications: SAGE Business Cases Originals, 2023.
Series:	Sage business cases
Subjects:	Banks and banking > United States > Finance > Case studies. Bank managemeny > United States > Case studies. Banks and banking > Finance United States Electronic books. Case studies
Online Access:	Connect to the full text of this electronic book

Description
Summary:	In May 2023, First Republic Bank (FRC) was seized by regulators and then sold to JP Morgan Chase. This case showcases how FRC and other small banks in the United States failed to comprehend the trends in the economy which led to their collapse and the problems faced by the companies that had deposited their money in these banks. It also discusses the steps taken by the U.S. government to protect the U.S. financial system and stakeholders.
Physical Description:	1 online resource : illustrations.
ISBN:	9781071928097 1071928090