How the latest bank failure reshaped the financial industry overnight

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The embattled First Republic Bank, one of the institutions caught in the wake of Silicon Valley Bank's collapse, was acquired overnight by federal regulators and sold to JPMorgan Chase. It's a massive, multi-billion dollar deal that makes America's largest bank even larger. Erik Gordon, professor at the University of Michigan, explains what the collapse says about the financial industry. Plus, we look at how the construction industry is dealing with an ever-present shortage of workers.
The team
David Brancaccio
Host
Leanna Byrne
Host, BBC
Kelly Silvera
Executive Producer
Meredith Garretson
Senior Producer
Erika Soderstrom
Producer
Alex Schroeder
Producer
Ariana Rosas
Producer/Director
Jarrett Dang
Digital Producer
Jesson Duller
Media Producer
Nick Esposito
Media Producer
James Graham
Producer, BBC
Jo Critcher
Producer, BBC
Olie D'Albertanson
Producer, BBC