By Lars Mucklejohn London-listed firm JTC has struck a deal to acquire one of First Republic’s trust administration arms from JP Morgan Chase for $21m (£17m). The FTSE 250 fund services and corporate solutions firm announced on Monday that it had agreed to acquire First Republic Trust Company of Delaware (FRTC-DE) and make it part of JTC’s Private Client Services division. Wall Street titan JP Morgan, the world’s biggest bank by market capitalisation, took over First Republic Bank after it became the second-largest American lender ever to fail during a wider regional banking crisis last spring…