JPMorgan buys First Republic Bank, Dimon declares 'this part of the crisis is over'

JPMorgan buys First Republic Bank, Dimon declares 'this part of the crisis is over'

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The Federal Deposit Insurance Corporation's (FDIC) acceptance of JPMorgan Chase's bid to buy troubled First Republic Bank means "this part" of the U.S. banking "crisis is over," JPM chief executive Jamie Dimon said Monday. "This part of the crisis is over," Dimon told reporters after an overnight…

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