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The FDIC then sold most of the bank's assets to JPMorgan Chase for $1.9 billion in cash plus assumption of all secured debt and some unsecured debt. Claims of the subsidiary bank's equity holders, senior and subordinated debt (all primarily owned by the holding company) were not assumed by JPMorgan Chase. [clarification needed]
Chemical Bank: JPMorgan Chase: 1993 First Bank System, Inc. Colorado National Bank First Bank System, Inc. (CNB remained unchanged until after merger with U.S. Bancorp) U.S. Bancorp: 1993 Banc One Corp. Valley National Bank of Arizona: Banc One Corp. JPMorgan Chase: 1993 Bank of Boston Corp. South Shore Bank, Mechanics Bank, First Agricultural
Bank-owned properties may also be referred to as real estate owned, or REO. You can find bank-owned properties through sources like banks' online listings or RealtyTrac. Whether you’re looking ...
JPMorgan Chase, which held Kelly's mortgage, bought the 11,140-square-foot home for a measly $950,000 -- a far cry from the $5 million that the home was once considered worth, according to NBC ...
First Republic Bank was a commercial bank and provider of wealth management services headquartered in San Francisco, California. It catered to high-net-worth individuals and operated 93 offices in 11 states, primarily in New York, California, Massachusetts, and Florida. [2] On May 1, 2023, as part of the 2023 United States banking crisis, the ...
1996 [1] Cost. $242 million [1] Technical details. Floor area. 2,000,000 sq ft (185,800 m 2) [1] The McCoy Center [2] is an office building located in Columbus, Ohio. The building was acquired by JPMorgan Chase & Co. with its 2004 merger with Bank One Corporation. Formally known as the Corporate Center Columbus (or more often and colloquially ...
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