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From the heart of where innovation, money and power collide in Silicon Valley and beyond,

this is Bloomberg Technology with Caroline Hyde and Ed Ludlow. in Edna at in San Francisco. Caroline Hyde is off today. This is Bloomberg

Technology coming up full coverage of the second biggest bank collapse in US history.

We'll discuss the outlook for funding with Jo Jo Jo Jo Jo Jo Jo Jo Jo Jo Jo Jo Jo Jo Jo Jo Jo Jo Jo Joachow of Millennium Capital.

Plus another big week for tech earnings ahead with AMD Qualcomm and Apple all reporting

we'll get a preview of what's to come and Soft Bank's chip design firm

Arm filing confidentially for an IPO in the US over the weekend more on the offering later this out.

There is just one story that we're talking about and that is J.P. Morgan stepping in

to acquire First Republic, taking on portions of its loan book and deposit base in a deal negotiated

with regulators.

You see JPMorgan hire by 2.7%, some kind of feel good, a bank, the biggest bank that's got even bigger.

Let's get more details on First Republic,

bringing Bloomberg Shanali Basak, who's out in Los Angeles at the Milken

Conference and I imagine this is the topic of the day, Shanali.

But bring us the details of this J.P. Morgan

deal to acquire First Republic.

It certainly is, because as you say, we are watching the biggest US bank

...