MSNBC Ana Cabrera Reports June 4, 2024 14:03:00
Corporation. there was an announcement that jpmorgan chase will keep the doors open, coming in and buying all the assets of the bank oochs. there's essentially some workings between the government and jpmorgan chase in making this happen. treasury secretary janet yellen was involved and watching the situation as it unfolded over the weekend. again, all this was to ensure that as first republic ended the day on friday, that they could open on monday morning uninterrupted with all the deposits still available to them. those first republic branches will be opening effective today. >> professor wo...