CNNW CNN July 6, 2024
this is cnn breaking news. i'm max foster joining you live from london. bianca is off for the day. we've got breaking news to bring you at this hour. it is that essentially the second largest bank failure in american history has been announced. first republic taken over by the authorities late last night. and they have sold a large proportion of the assets to jpmorgan chase. thos those assets we're being told is just announced by the federal deposit insurance agency. that's the agency that ensures deposts for customers. this is the third bank to fail in two months. there's a relief...