Banking giant JPMorgan Chase is taking over the failed First Republic Bank, but not without some guarantees. Turns out the deal was sweetened by the FDIC agreeing to be responsible for certain First Republic losses. Plus, what small banks are making of the turmoil. Then, FTC Chair Lina Khan on AI regulation and taking on powerful companies.

What JPMorgan is getting out of the First Republic deal

Every weekday, host Kai Ryssdal helps you make sense of the day’s business and economic news — no econ degree or finance background required. “Marketplace” takes you beyond the numbers, bringing you context. Our team of reporters all over the world speak with CEOs, policymakers and regular people just trying to get by.

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What JPMorgan is getting out of the First Republic deal

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