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Fulton Financial reaps rewards of Republic First takeover
Proactive Investors· 4 days agoIt marked the first major lending collapse of 2024 following the mini-crisis that swept the regional banking sector last year, claiming Signature Bank, ...
Fulton Financial acquires Republic First Bank in latest regional-bank rescue
Market Watch· 7 days agoHigher interest rates in the industry have cut into the value of some banks’ bonds — including those...
First collapse of 2024 not expected to bring trouble for banking industry
CBS Austin· 4 days agoAccording to the FDIC, the bank had about $6 billion in assets and $4 billion in deposits as of Jan....
NYCB Soars on Calmer Results as CEO Embarks on an Overhaul
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- New York Community Bancorp Inc. shares jumped after the troubled lender posted...
Jason Brown Sues RFR’s Aby Rosen and Michael Fuchs
The Real Deal· 3 days agoAby Rosen’s bills keep piling up, and this time it’s a former top employee demanding to be paid. Former RFR Holding president Jason Brown said that Rosen...
Republic First Bank seized by regulators, sold to Fulton Bank
Axios· 7 days agoRepublic First, a small Pennsylvania lender doing business as Republic Bank, was seized Friday by...
Rent-stabilized tenants face third year of price hikes
Crain's New York Business· 3 days agoThe city's rent-stabilized apartment market has come under pressure in recent years. Landlords argue that the rental income from stabilized units has failed to keep up with steep inflation and ...
Opinion | When Banks Fail, Why Do We Keep Bailing Out Uninsured Depositors?
New York Times· 2 days agoMichael Ohlrogge has a theory about the Federal Deposit Insurance Corporation, the agency that makes...
NYCB posts $335M loss, but shares jump on turnaround plan
Banking Dive via Yahoo Finance· 2 days agoCEO Joseph Otting said the lender has “identified an opportunity” to sell $5 billion in assets but...
NYCB faces tough choices on CRE loans, balance sheet diversification By Reuters
Investing.com· 7 days agoThe bank's new management has promised to unveil a turnaround plan this month after losses on CRE...