The settlement with the SEC follows Carrie Tolstedt's agreement in March to plead guilty to obstructing a problem of the bank's practice of opening accounts for customers without their authorization.
The unit, called 23 Wall, is led by JPMorgan veteran Andy Cohen and focuses on about 700 families worth more than $4.5 trillion.
The measure seeks divestment of an estimated $15 billion from oil and gas companies by CalPERS, CalSTRS.
Legislators have less than a week to approve the agreement before the default deadline next Monday, June 5.
About $46.7 billion poured into US money market funds in the week ended Wednesday as investors piled into assets offering relatively safer returns amid the uncertainty around talks on extending the US debt limit.
The bank offered full-time or transitional roles to almost 85% of the nearly 7,000 employees still working at First Republic when it collapsed, and told the rest they wouldn't get offers.
Those due to receive their Social Security benefits next week are retirees aged 88 and older, along with low-income individuals with disabilities.
The odds of passing the X-date without an increase in the debt is around 25% and rising, according to JPMorgan.
The approval allows Prometheum Ember Capital to safekeep digital asset securities on behalf of individual and institutional clients as a qualified custodian.
The world's second-largest reinsurer is now the fourth major company to walk away from the Net Zero Insurance Alliance.
