A First Republic Bank branch is pictured in Midtown Manhattan in New York City, March 13, 2023.First Republic on Monday became the third prominent U.S. bank to fail within the past two months. Regulatorsafter an absolutely crushing week that started with a revelation that it suffered more withdrawals than expected during the first quarter.
"This acquisition modestly benefits our company overall, it is accretive to shareholders, it helps further advance our wealth strategy, and it is complementary to our existing franchise," CEO Jamie Dimon said.Tim Cook, Apple's Chief Executive Officer greets the media with folded hands outside the Apple store at Jio World Drive mall, Mumbai, India, April 18, 2023.This earnings season is halfway over, and so far it's been fairly positive.