Tuesday, September 26, 2023 7:23:14 PM
The most important Press Release of the year IMO
XXXX JPMC You figure It is in JPM and so is COOP
"JPMorgan Chase acquires substantial majority of assets and assumes certain liabilities of First Republic Bank
https://www.jpmorganchase.com/ir/news/2023/jpmc-acquires-substantial-majority-of-assets-and-assumes-certain-liabilities-of-first-republic-bank?fbclid=IwAR1TQMG50DxPlfKZaFSbAJY3nbFgc5OktcsTkucMi_WxvXPTLbVkMKJ-oYU
New York – May 01, 2023
https://www.jpmorganchase.com/.../jpmc-acquires...
Our Money it coming any day and could be used for our settlement of ANICO and as presented in the JPM Press release of 65 Bil
https://www.docketbird.com/.../In-Re.../nysd-1:2011-md-02262
Acquisition of the substantial majority of First Republic Bank’s assets, including approximately $173 billion of loans and approximately $30 billion of securities
Assumption of approximately $92 billion of deposits, including $30 billion of large bank deposits, which will be repaid post-close or eliminated in consolidation
FDIC will provide loss share agreements covering acquired single-family residential mortgage loans and commercial loans, as well as $50 billion of five-year, fixed-rate term financing--- Royal at what interest rates
JPMorgan Chase is not assuming First Republic’s corporate debt or preferred stock
https://www.jpmorganchase.com/.../jpmc-acquires...
The Most Royal Dude
Lets Go Fishing
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