SEC Investigates First Republic Bank Executive Trading Amid Banking Crisis Concerns.

1 min read
Source: Bloomberg
SEC Investigates First Republic Bank Executive Trading Amid Banking Crisis Concerns.
Photo: Bloomberg
TL;DR Summary

The SEC is investigating whether executives at First Republic Bank traded on inside information before the government seizure and sale of the lender to JPMorgan Chase & Co. The probe is looking into whether any members of the then-executive team of First Republic improperly traded on inside information.

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