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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Kieran Woolley's "Opera" segment
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