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First Republic collapse sparks regional bank shares sell-off

The failed US bank First Republic is being acquired by its rival JPMorgan Chase, in a $10.6bn deal.
Regulators had taken control of First Republic after a crash in its share price.
It is the third US bank failure since March, and there are fears it will not be the last.

Al Jazeera’s Kristen Saloomey reports from New York, the United States.

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Written by George Gomez

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