JPMorgan's First Republic deal and Dimon's statement boost banks' confidence.
TL;DR
JPMorgan Chase has come to the rescue of First Republic in a deal that has implications for the U.S. banking system. Meanwhile, equity research firm recommends buying Danaher and owning Club stock for the long term.
- First Republic deal boosts our banks. Danaher gets a confidence vote. Here are our takes on the news CNBC
- Dimon: 'This part of the crisis is over' Yahoo Finance
- JPMorgan reveals details of First Republic deal in investor presentation CNBC Television
- Featured interview: RBC Managing Dir. Gerard Cassidy - First Move with Julia Chatterley - Podcast on CNN Audio CNN
- Silver whipsawed as US Dollar firms FXStreet
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