here is the update:
Jamie Dimon Wants to Take Over First Republic Bank, Report Says (businessinsider.com)
- First Republic Bank is set to be taken over by regulators as soon as Sunday.
- JPMorgan and PNC are frontrunners to acquire the ailing bank, The Wall Street Journal reported.
- JPMorgan's Dimon has been a hands-on figure in attempts to save First Republic in recent weeks.