The California Department of Financial Protection and Innovation (DFPI) has taken over San Francisco-based First Republic Bank, appointing the Federal Deposit Insurance Corporation (FDIC) as receiver. The FDIC accepted a bid from JPMorgan Chase Bank to assume all deposits and most of the assets of First Republic Bank. This is the third financial institution to be taken under government control this year, with the FDIC and DFPI taking steps to ensure the safety and soundness of the financial system.
Posts tagged as “Columbus Division of Fire Battalion”
On Saturday evening, fourteen people were injured when the roof of an off-campus house near Ohio State University collapsed. Columbus Division of Fire Battalion Chief Steve Martin said that the roof was likely overloaded with people, and that none of the injuries were believed to be life-threatening. The investigation is ongoing, and the Division of Fire is reminding people to be aware of the weight limits of any structure they are on.