[HIGHLIGHTS] Is the banking crisis still brewing? Another big bank in the United States has been taken over!

The move is aimed at curbing the two-month U.S. banking crisis, which has left the financial system in trouble.

JPMorgan Chase & Co. said it would buy most of the assets and deposits of First Republic Bank from the FDIC. The collapse of Silicon Valley Bank on March 3 was the largest bank failure in the United States since the 10 financial crisis. The New York Times pointed out that the collapse of the first Republic Bank may exacerbate concerns about a slowdown in the US economy.