Updated: May 01, 2023, 05:46 PM IST
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The US banking crisis went from bad to worse… MoreThe US banking crisis went from bad to worse. Following the collapse of Silicon Valley Bank and Signature Bank, a third, San Francisco-based First Republic Bank, has also gone under. According to Reuters, JPMorgan Chase & Co. has bought most of First Republic Bank’s assets and taken over part of it. liabilities.