Integrating First Republic Bank, JPM tech stacks
JPM to spend $2B integrating First Republic into its platform
JPMorgan Chase acquired First Republic Bank this morning after regulators stepped in over the weekend to facilitate the sale of the struggling bank — and is prepared to spend $2 billion integrating First Republic into its platform over the next 18 months. “Over time, we will be converting First Republic’s operations and platforms to Chase […]
