NYSE Suspends Trading of First Republic Bank Stock After JPMorgan Chase Deal
other companies as well. The New York Stock Exchange has suspended trading of First Republic Bank's shares and started the process of delisting the stock. The exchange operator said Tuesday that it would delist eight other companies as well.
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First Republic Bank shares have been delisted by the New York Stock Exchange.
The exchange operator announced Tuesday that eight securities linked to the bank would be delisted, including its common shares and seven sets depositary shares.
NYSE's Regulation Staff said that the securities are no longer suitable to be listed after First Republic was seized on Monday by regulators.
JPMorgan Chase has acquired the sale of a number of assets
.