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A comment on Big Banks Agree to Historic $30B Deposit Injection in First Republic. Parent comment

Re:Big Banks Agree to Historic $30B Deposit Injection in Fir... by sifar on Friday March 17, 2023 @12:55PM (#35199677)
>> "We, JPMorgan, are willing to bet $5bn that First Direct does not fail, with no upside to us if they do not" is a rather powerful statement.

The upside is the contagion doesn't spread to them.

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