A hostage standoff at a Bakersfield office building ended Wednesday when FBI personnel fatally shot the suspect, police said. All hostages were freed unharmed after the confrontation began with a bomb threat Tuesday afternoon.
Posts tagged as “JPMorgan Chase Bank”
Authorities evacuated part of downtown Bakersfield after a reported bomb threat at a Chase bank branch. Police said an unidentified man was barricaded inside with an unknown number of people, and at least one hostage was reported by a local CBS affiliate.
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.