Striking image for StoryGraph Biggest Story 2023-05-01

StoryGraph Biggest Story 2023-05-01 -- the federal reserve (5), bank failure (5), 30 billion (5), washington mutual in 2008 and (4), set off by silicon valley bank’s (4)

A news brief made from 7/85 recently archived news articles
Most frequent sumgrams
the federal reserve (5), bank failure (5), 30 billion (5), washington mutual in 2008 and (4), set off by silicon valley bank’s (4)

Regulators Seize First Republic Bank, Sell To JPMorgan Chase

First Republic Bank’s 84 branches in eight states will reopen Monday as branches of JPMorgan Chase Bank.

First Republic Bank Is Seized by Regulators and Sold to JPMorgan Chase

As part of the deal, 84 First Republic branches in eight states reopened as JPMorgan branches on Monday.

JPMorgan Chase Returns to a Familiar Role: Bank Rescuer

The lending giant’s shares jumped on the news that it is buying First Republic. But investors are watching to see if the deal ends the regional banking crisis.

First Republic Is Sold: What to Know

First Republic is the second-largest bank by assets to fail in U.S. history. Here are some answers to questions you may have about what comes next for the bank and for depositors’ money.

Federal Regulators Seize And Sell Major Bank To JPMorgan Chase

The federal government took ownership of the collapsed California lender First Republic Bank and sold it to JPMorgan Chase on Monday.

JP Morgan Takes Over First Republic Assets as Bank Collapses

JP Morgan Chase will take over the assets of First Republic Bank after it collapsed in the third major American bank failure this year.

This story was constructed with the SHARI Process:

  1. The StoryGraph Toolkit extracted URIs from the biggest story of the day from the StoryGraph service
  2. Hypercane performed the following steps:
    1. It accepted the list of original resource URIs from the output of the StoryGraph Toolkit, and queried the Memento Aggregator to find as many mementos as possible
    2. For resources that were not already mementos, it submitted them to web archives with ArchiveNow
    3. It analyzed all mementos to automatically discover the most frequent sumgrams and named entities present in the overall story
    4. It analyzed all images in these mementos to automatically select the best image for the overall story
    5. It then formatted the data for the story based on all of this input
  3. Raintale took the input from Hypercane and rendered the final product with information supplied by MementoEmbed
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Dark and Stormy Archives - Puddles

Visit the Dark and Stormy Archives (DSA) project web site for information on research, software, and more that supports storytelling with web archives.