Monday, May 1, 2023

Mohamed El Erian gives his thoughts on the J.P. Morgan takeover of failed First Republic Bank


The very knowledgeable Mohamed El-Erian gives his thoughts on the failure of First Republic Bank, and its takeover (of most assets) by J.P. Morgan Chase, in this CNBC interview.  First Republic is the second biggest bank failure in U.S. history, behind the collapse of Washington Mutual in 2008.  This interview was Monday morning, May 1, 2023.

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