JPMorgan Chase & Co. CEO Jamie Dimon is working to raise additional capital for First Republic Bank The Wall Street Journal reported at midday. Citing...
JPMorgan Chase & Co. JPM CEO Jamie Dimon is working to raise additional capital for First Republic Bank FRC, The Wall Street Journal reported at midday. Citing sources familiar with the situation, the WSJ said Dimon is leading banks in a fresh campaign to shore up First Republic Bank. Eleven banks last week placed $30 billion in deposits with First Republic, but the bank still reported lower deposits late Thursday.
JPM CEO Jamie Dimon is working to raise additional capital for First Republic Bank FRC , The Wall Street Journal reported at midday. Citing sources familiar with the situation, the WSJ said Dimon is leading banks in a fresh campaign to shore up First Republic Bank. Eleven banks last week placed $30 billion in deposits with First Republic, but the bank still reported lower deposits late Thursday.
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