The seizure of First Republic Bank by bank regulators and the selling of its assets to JPMorgan Chase on Monday may have resolved the largest US bank failure since the 2008 financial crisis. Still, experts say it did not wholly eliminate lingering concerns about US banks.

United States regulators said on Monday First Republic Bank has been seized, and a deal agreed to sell the bank to JPMorgan Chase & Co, in what is the third major US institution to fail in two months.