Beverly Hills' First Republic Branch Becomes Chase Bank Overnight

First Republic Bank became the second-largest bank failure in U.S. history over the weekend. Here's what it means for local customers. Reply BEVERL...

May 2, 2023
6:50 AM

First Republic Bank became the second-largest bank failure in U.S. history over the weekend. Here's what it means for local customers. Reply BEVERLY HILLS, CA — A First Republic Bank branch in Beverly Hills was among 10 in Los Angeles and Orange County that became a JP Morgan Chase Bank overnight after regulators seized First Republic in what's being called the second-largest bank failure in U.S. history. The change stems from a fast-paced series of events over the weekend, but local customers were being assured Monday morning that their money was safe.

Paige Austin