JPMorgan to acquire troubled First Republic Bank

JPMorgan to acquire troubled First Republic Bank

The American banking giant JPMorgan Chase is set to acquire First Republic Bank’s (FRB) assets after early efforts to rescue it failed. JPMorgan and multiple other banks submitted a bid to acquire the…

Troubled Crypto Firm Genesis Owes Gemini’s Customers 0 Million (Report)

Troubled Crypto Firm Genesis Owes Gemini’s Customers $900 Million (Report)

The cryptocurrency brokerage platform – Genesis – and its parent company Digital Currency Group (DCG), reportedly owe customers of Gemini approximately $900 million.  Genesis has been coping with severe issues ever since the…

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