First Republic Bank was closed and sold to JPMorgan Chase on May 1, 2023, making it the second-largest U.S. bank failure in history based on its total assets.
Claimed by Unknown
What fact-checkers found (1)
- SnopesTrue
2023-05-01
Read the full review →
FAXTR aggregates verdicts from independent fact-checking organizations so you can compare the evidence and judge for yourself. We are an evidence collector, not a verdict authority.
Related fact checks
- Video shows PM Modi saying "Today, India is the world's second largest beef producer"False
- Prime Minister Modi stated that India is the second-largest beef producer in the world while address…FALSE
- PM Modi boasted about India being the world's second largest producer of beef during his address in …False
- No banks failed during Donald Trump's administrationFalse
- Bank failures are a precursor to central bank digital currencyFalse
- The Silicon Valley Bank collapse was predicted by The SimpsonsAltered Media