JPMorgan Acquires First Republic. What's Next For The U.S. Banking Sector?

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Summary

  • Why there may be other small lenders set to fail.
  • The Fed is sticking to plan and focusing on fighting inflation, and nothing else.
  • Are niche banks bearing the brunt of interest rate hikes?

After Silicon Valley Bank"s Failure, Regional Banks Face Greater Scrutiny

Michael M. Santiago/Getty Images News

JPMorgan Chase (JPM) has agreed to buy failed lender First Republic Bank (FRC), as part of a government-led deal. Michael Craig, Head of Asset Allocation at TD Asset Management, speaks with Greg Bonnell about

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