Daily Crunch: In United States’ second-largest bank failure, feds seize First Republic Bank and sell it to JPMorgan Chase

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It’s a curious world we live in. Banks are a-collapsin’, and the world keeps on a-turnin’.
And oh, hey, look! OpenAI is even richer now! Alex is back on the mic with your Monday rundown, and as usual, we had much to unpack: We’re digging into OpenAI, earnings, First Republic Bank, some fun startups and ARM’s IPO on today’s episode of Equity. Listen here.
— Christine and Haje
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On the brink of collapse: Regulators closed First

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